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Paperchase on the Brink of Administration

In the News

https://www.bbc.co.uk/news/business-55547354

just a heads up if you’re planning to buy from them, or have items you wish to exchange or return

unfortunately, it’s another chain I believe will still struggle even if saved, as competition of cheaper alternatives is high

hspexy
10 days ago
What do you think of this?
lynneh
lynneh10 days ago

Shame as I liked their fancy. But just not the fancy prices 😔

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hspexy
hspexy
Original Poster
10 days ago

Same here. I used to enjoy popping in to have a look around, but I’d never buy.

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ACR
ACR10 days ago

Sad, but not unexpected. I buy most of my Christmas and birthday cards from Paperchase. Their flagship store on Tottenham Court Road took a long time to reopen after the end of the first lockdown. When it finally did only the ground floor was open to customers.

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hspexy
hspexy
Original Poster
10 days ago

I guess it’s hard to attract business online. I know they used to strategically place themselves by stations and around offices, but now that people are working from home, they’re just not going to get the footfall

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Getsome
Getsome10 days ago

Im shocked it has lasted this long as its way overpriced compared to whats in the maket

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Glitterandgold
Glitterandgold10 days ago

I do like paperchase but their prices are a bit high for what they are. Unfortunately they are just going to be one of many stores going into administration in the coming months.

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possy
possy10 days ago

Such a shame to see this, but I think we will be seeing a lot more of if given time x

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sunny101
sunny10110 days ago

I'm not surprised really. I've always loved browsing in their shops but they've been out of touch with their pricing for a long time. I don't think there will be many similar outlets that will survive this year.

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Imnotcheap
Imnotcheap10 days ago

We don't have a local one. So never use but so many shops shutting isn't good for any of us 😖

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beccatavender
beccatavender9 days ago

Thank you I wasn't aware of this and I was planning to buy in their SALE as although I like their stuff they are a bit on the pricey side.

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