Paperchase recently made headlines for announcing plans to close some of its stores in the UK due to financial challenges exacerbated by the COVID-19 pandemic. The company faced backlash for initially refusing to pay rent during lockdowns, leading to criticism from landlords and the public. Despite these difficulties, Paperchase has been exploring new strategies to adapt to the changing retail landscape, such as focusing on online sales and expanding its product range.
Founded in 1968 in London, Paperchase has grown to become a well-known international chain of stationery stores. The company offers a wide range of products including greeting cards, stationery, gifts, and art supplies. With stores in the UK, Europe, the USA, and the United Arab Emirates, Paperchase has established itself as a popular destination for unique and stylish stationery items. Known for its innovative designs and collaborations with artists and designers, Paperchase continues to attract customers with its creative and diverse product offerings.