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DENVER-Paper Warehouse, which recently filed for protection from creditors with a Chapter 11-bankruptcy reorganization, is closing eight Colorado stores. The Colorado stores account for a third of the 24 stores being closed by the St. Louis Park, MN-based company.

Paper Warehouse stores closing in Colorado include Golden Town Center, Golden; Buckley Marketplace, Aurora; Yosemite Crossing and Englewood Marketplace, Englewood; The Market at South Park, Littleton; Market Place Center, Parker; Alameda Village Center, Lakewood; and Buckingham Square, Aurora. After the closings, the company will continue to operate 62 corporate-owned stores. The Chapter 11 filing will not affect its 51 franchised locations or its Internet business.

Paper Warehouse reports total liabilities of $26.5 million and total assets of $20.8 million.

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