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Paperchase returns one year after going into administration
Paperchase went into administration on 30 January 2023. Tesco purchased the brand and intellectual property, but not the stores. The nation’s top three stationery staples include notebooks and writing pads (33%), ballpoint and soft touch pens (30%) and marker pens (19%)
Tesco brings back iconic feature and says 'we know you'll be pleased to see it' Tesco has today launched four core Paperchase ranges - Rainbow, Pastel Ombre, Artful Scribbles and Confetti - in select stores and online on the Tesco website. Tesco rescued the stationary retailer from administration in January 2023.
Tesco to relaunch Paperchase brand in stores and online within weeks Tesco rescued gifts and stationary chain Paperchase in January this year. It collapsed into administration, with all its 106 stores closed as a result. Tesco snapped up the brand and intellectual property, allowing it to sell its products in its supermarkets.
Sports store with 54 branches to close within DAYS – and shoppers are disappointed... Decathlon has 54 stores across the UK, including in Nottingham, Portsmouth, Manchester, Leeds and Southamtpon. High street has been hit hard in recent years due to growth of online shopping. While popular chains including M&Co and Paperchase closed all stores this year.
‘Massive loss’ as high-street retailer bought by Home Bargains confirms permanent store closure in wee... Quality Save, which has 14 stores across the North-West of England, is shutting its Stalybridge store in October. It comes after a number of other retailers have closed stores in 2023, including big high street brands such as Argos, Iceland and Paperchase.
Troubled Clintons to close a fifth of its card shops with hundreds of jobs at risk Clintons, previously Clinton Cards, will be shutting the doors of one fifth of its stores. Reports claim the move will stave off insolvency following a failed attempt to merge with Paperchase. Clinton currently has 179 shops and wants to close 38 of its outlets.
New store announced for prominent Grand Central position Ryman is set to open at the site of the former Paperchase in Grand Central. The stationery chain closed all of its UK stores back in April. It's one of several new stores opening in the Bullring and Grand Central shopping centre in 2023.
Ten high street stores to shut tomorrow as two major brands close shops for good More high street stores will be closing for good tomorrow. Since 2020, the UK high street has lost major brands such as H&M, HMV, Debenhams, and Paperchase, have closed for good. Sadly, store closures are expected to continue as rising inflation hits retailers hard.
Denim brand Levi's to move into old Paperchase shop Paperchase closed its doors after collapsing into administration in February. Tesco struck an eleventh-hour deal to buy the high street stationery chain's brand. The unit in Touchwood sat empty for around a month before Levi's moved in.
Full list of high street stores, pubs and banks closing this week including M&S and Wetherspoon... The high street has struggled in recent years as consumers turn to online shopping and following the coronavirus pandemic. Soaring inflation is heaping further pressure on businesses. A number of retailers have already announced a raft of closures this year, including M&Co, Paperchase and Marks and Spencer. Meanwhile, pub chains, like Wetherspoon and Stonegate, are also feeling the pinch.
Last day of trading TODAY for high street chain as shops set to disappear forever... Paperchase is preparing to shut forever as it hosts its final day of trading today. Shoppers can bag 80% off all stock in person since the stationer's website already closed. The closure comes after the chain collapsed into administration in January and supermarket giant Tesco swooped in to buy the brand.
Retail blow as Braehead stationery store to pull down the shutters The stationery retailer has a branch in Braehead shopping centre. Administrators were appointed on January 21 after Paperchase failed to secure any buyers for the business. Tesco purchased the brand and intellectual property later that month.
Full list of high street stores and supermarkets closing for good in April – check if your local is a... Paperchase, M&Co and M&S are among retailers affected by the closures. You can see a full list of stores shutting now or still to close in our guide. Clintons Clintons the card company will be shutting two branches next month.
Major chain set to close all shops within days and disappear from high street forever... Paperchase stores will close doors for the final time on April 3. It's the end of the chain as it's known with the closure of over 100 locations. But the name will live on after Tesco snapped up the brand and intellectual property.
Two retailers closing number of stores within days – is yours on the list?... M&Co is closing six stores on April 1 while Clintons is pulling down shutters on two. Comes after Paperchase started closing stores across the UK after collapsing into administration. Argos closed its Lanarkshire branch on March 11 while Sainsbury's, which owns the brand, has plans to close 50 standalone stores this month.
Major high street chain shutting 106 stores - full list of locations Paperchase is axing 106 stores across the UK - including in Birmingham and Solihull. Stores already closed include larger outlets in London, Leeds and Brum. All concession stands in Next and Selfridges stores have also shut.
Major high street brands to close a dozen shops tomorrow – is your local branch going?... B&Q, Boots and Argos are set to close branches this weekend. Paperchase, Iceland and B&M have already announced closures. Food and pub chains have also been closing doors at several locations. It comes following a tumultuous period for businesses.
Loss of nearly 15,000 UK retail jobs a ‘brutal start to 2023’, report says A total of 14,874 retail job losses have been announced by companies so far. Most of the job losses – totalling 11,689 – are at large retailers including Tesco and Asda who are carrying out cost cutting programmes and restructuring operations. Paperchase, M&Co and Tile Giant have all gone bust in recent weeks.
Begbies Traynor lifted by Paperchase collapse Tesco bought Paperchase out of administration this month in a deal that did not include its shops or staff. Begbies could not find a buyer for the retailer’s remaining assets and the 106 Paperch Chase stores are expected to close, with the loss of 900 jobs.
Full list of Paperchase stores set to close - including Greater Manchester All 106 Paperchase stores in the UK are set to close in the coming weeks. Seven of the closing stores are in the Greater Manchester area. The stationary retailer's administrators said that there would be a "gradual reduction" in the number of stores.
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