A Hilco Global Company Vested in Your Success
Opportunity to Acquire Intellectual Property Assets of Schurman Retail Group Greeting Card, Stationery and Gift Retailer
Hilco Streambank is soliciting offers to acquire the intellectual property of Schurman Retail Group, including its Paper Destiny, NIQUEA.D, XOXO Dominique, Marcel Schurman and Schurman Retail Group trademarks, PapyrusOnline.com and other domain names, customer data, designs for greeting cards, social media assets, and the company’s IPv4 addresses.
Bid Deadline Auction Date April 24, 2020 April 27, 2020 at 5:00 p.m. ET at 10:00 a.m. ET
Company Overview
Second-Largest American Specialty Greeting Card Retailer Schurman Retail Group is a leading specialty retailer of personal expression and gift products in North America. Founded in 1950, the company operates approximately 250 retail stores across the United States and Canada under the Papyrus®, American Greetings®, Carlton Card® and Paper Destiny® brand names, and the ecommerce website PapyrusOnline.com. The company offers its highly loyal and engaged customers a diverse marketplace of stationery products, including custom printed announcements, products for entertaining, greeting cards, gift wrap, gift bags, stationery, note cards, journals and unique gift products. The company’s proprietary product brands including Paper Destiny, NIQUEA.D, XOXO Dominique and Marcel Schurman provide the starting point from which genuine personal connections are made with expressions shaped by modern and elegant designs celebrated as a pillar of social expression. A Hilco Global Company 2 Vested in Your Success
Assets for Sale
Trademarks Domain Names Social Media Assets Paper Destiny PapyrusOnline.com NIQUEA.D PaperDestiny.com Marcel Schurman LiveGiveHappy.com XOXO Dominique NIQUEAD.com Schurman Retail Group SRGRetail.com
Customer Data Designs IPv4 Addresses 1.1M active customer files Greeting Card Designs /23 Block of Addresses with opt-in email addresses (512 addresses)
Financials
FY 2018 Sales ...... $156.7 million FY 2019 Sales ...... $138.6 million
Process
Bid Deadline Auction Date April 24, 2020 April 27, 2020 at 5:00 p.m. ET at 10:00 a.m. ET
Contact Hilco Streambank for more information regarding the assets for sale and sale process, including access to a virtual data room. The sale is subject to approval of the United States Bankruptcy Court for the District of Delaware.
David Peress Richelle Kalnit Ben Kaplan 617.642.1909 212.993.7214 646.651.1978 [email protected] [email protected] [email protected]
FOR MORE INFORMATION VISIT FOLLOW HILCO STREAMBANK hilcostreambank.com/GreetingCards