Shoppers hoping to order some discounted items from Paperchase before it closes have just days left. An announcement on the online store has stated that it will cease trading on midnight, Friday, February 17.
The stationery store previously fell into administration, and while Tesco has bought the brand and intellectual property, the physical locations were not included and, as a result, jobs may be at risk.
Those who buy from the online store will receive a 30 per cent discount on all items. Anyone who still has vouchers has missed the deadline, meaning that they will no longer be redeemable in-store.
A statement reads: "It is with a heavy heart that we inform you that Paperchase.com online store will cease trading on Friday, February 17, 2023, at midnight. We want to take a moment to thank you for your support and loyalty over the years. In the meantime, you can still shop online and get at least 30 per cent off everything today."
Paperchase entered administration on January 31, 2023, putting its 106 stores and 820 staff members at risk. This is the second time in two years that Paperchase has slipped into administration after the retailer closed 37 stores across the UK in 2021.
However, in this instance, administrators confirmed that "despite a comprehensive sales process" there were no viable offers for Paperchase assets. Scottish branches that could be affected include Braehead, Dundee, Edinburgh, Edinburgh Morningside, Glasgow Buchanan, Next Kirkcaldy, Next Straiten, Perth, Silverburn and St Andrews.
The brand and intellectual property being sold to Tesco means that paperchase branded products will be sold across the supermarket's branches.
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 out plans to bring more brands and inspiration to the ranges we currently offer, and this will help us to take those plans further."
Don't miss the latest news from around Scotland and beyond - Sign up to our daily newsletter here .
