Papyrus, a stationery retailer, will close all 450 stores including 4 in Colorado, according to Fortune.

The company's remaining 260 stores are currently in liquidation. Papyrus has an estimated 1,400 people employed.

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Fortune reported:

The company that has operated the retail chain is reportedly closing all of its locations nationwide, citing "current challenges of the retail industry".

Currently there is a 20 percent off storewide sale on the Papyrus website.

The chain's Colorado locations:

Flatiron Crossing  at 1 W Flatiron Crossing Dr., Broomfield

Denver Pavilion at 500 16th Street, Denver

Cherry Creek Mall at 3000 E 1st Ave., Denver

Park Meadow at 8505 S Park Meadows Center Dr., Littleton

Source: Fortune