Paperchase has announced that all its remaining stores will close next week.
The stationery retailer has confirmed on its store finder website that the last day of trading will be Monday.
Administrators were appointed on January 21 after Paperchase failed to secure any buyers for the business.
The message left on the Paperchase website reads: “All of our stores will be closed soon, our last day of trade is 3rd April.”
Here’s what you need to know about the brand’s closure.
Who owns Paperchase?
Tesco purchased the brand and intellectual property in January but, sadly, the deal did not include any of Paperchase’s 106 UK shops.
At the time, administrators Begbies Traynor said in a statement: “On January 21, Mark Fry, Kirstie Provan, and Gary Shankland, of Begbies Traynor, were appointed as joint administrators of Aspen Phoenix Newco Limited, which trades as Paperchase.
“Unfortunately, despite a comprehensive sales process, no viable offers were received for the company, or its business and assets, on a going-concern basis.
“However, there has been significant interest in the Paperchase brand and attendant intellectual property.
“The joint administrators will continue trading the company’s operations in the short term, with all stores remaining open and trading as normal.”
While Jan Marchant, managing director of home and clothing at Tesco, said: “Paperchase is a well-loved brand by so many, and we’re proud to bring it to Tesco stores across the UK.
“We have been building our plans to bring more brands and inspiration to the ranges we currently offer, and this will help us to take those plans further.
“We look forward to sharing more with our customers in due course.”
Which stores will close down by Monday, April 3?
Paperchase stores in major cities such as London, Birmingham, Manchester, and Leeds have already closed.
The stationery retailer’s concession stands in other shops, such as Next and Selfridges, have also ceased trading.
This is the full list of Paperchase stores which are still open, but are expected to shut by Monday, April 3:
- Altrincham
- Bath
- Berkhamsted
- Beverley
- Birmingham Grand Central
- Birmingham New St
- Bishopsgate
- BlueWater
- Bracknell
- Braehead
- Bristol
- Bromley
- Byres Road
- Cheapside
- Chelmsford
- Cheshire Oaks
- Chichester
- Cribbs Causeway
- Edinburgh
- Exeter
- Glasgow Buchanan
- Guernsey
- Guildford
- Harrogate
- Hereford
- Hitchin
- Islington
- Jersey
- Kings Cross Station
- Kingston
- Leamington Spa
- Leeds Commercial Street
- Leicester
- Lewes
- Lincoln
- London Bridge
- Maidstone
- Manchester
- Marble Arch
- Merry Hill
- Metro Centre
- Newcastle
- Northcote Road
- Oxford
- Plymouth
- Putney
- Ringwood
- Rushden Lakes
- Sheffield
- Southampton
- Staines
- St Albans
- St Pancras Circle
- Taunton
- Tunbridge Wells
- Victoria Station
- Waterloo Station
- Wimbledon
- Windsor
- Woking
- York
