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American Greetings Corporation is a privately held American company and is the world's second largest greeting card producer behind Hallmark Cards. [ 2 ] [ 3 ] Based in Westlake, Ohio , a suburb of Cleveland , the company sells paper greeting cards, electronic greeting cards, gift packaging, stickers and party products.
[1] [2] [3] It also sells the American Greetings brand and manages its subsidiaries, including Carlton Cards (in Canada and the U.S.). Schurman Retail Group has over 450 retail stores across the United States and Canada [4] [5] [6] It is currently the second-largest American specialty retailer in the greeting card industry. [7]
Papyrus (stylized as PAPYRUS) is a brand name originated by a former American stationery and greeting card retailer that at one time operated over 450 stores throughout the United States and Canada. [ 1 ] [ 2 ] [ 3 ] It was headquartered in Goodlettsville, Tennessee , and was the flagship brand of the Schurman Retail Group . [ 4 ]
As of 2017, more than 160 million Maxine greeting cards have been sold. [30] The comic strip-style character, portrayed as an irascible older woman, was created by Hallmark in-house artist John Wagner, and in addition to greeting cards has been featured on t-shirts, coffee mugs, holiday ornaments, and other items.
The company was founded in 1997 by Martha Stewart [1] [2] [4] as an umbrella company for the various media and merchandising ventures linked to the Martha Stewart brand. It went public, via an initial public offering, on the New York Stock Exchange (NYSE) on October 19, 1999.
In 1960, Walter Lundell succeeded Dietz as president of the company. In 1964, it acquired Gibson Greeting Cards for $36 million. [4] In 1965, it acquired Meadow Brook Bank for $106.7 million in stock. [1] In 1969, CIT entered the personal and home equity loan and leasing business and left auto financing.
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The Greeting Card Association is a U.S. trade organization representing the interests of greeting card and stationery manufacturers. [20] John Beeder, former president of the Greeting Card Association, says greeting cards are effective tools to communicate important feelings to people you care about: "Anyone feels great when they receive an ...
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