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Paperchase's website will close today and shoppers only have a few hours left until its closes for good.
The stationary retailer announced this week that its website will cease trading today, Friday, February 17.
Paperchase told shoppers the news in an email earlier this week and said until the closure of the site, it was to offer at least 30% off "almost everything".
So if you fancy picking up some new notebooks, pens, or maybe some birthday or Mother's Day cards, then you have until midnight tonight to grab the discounts.
Sadly, you will not be able to use a Paperchase gift card on your purchase as those expired on Tuesday, February 14.
According to its website, Paperchase has reduced a lot of its A5 notebooks from £8 to £5.60, and cards have dropped in price to as little as £1.
The majority of items originally priced at £10 have been reduced down to £7, and those priced at £15 have been dropped to £10.50.
Paperchase's standard delivery fee is£3.95 but you can get it for free if you spend £50.
Paperchase says it uses Amazon for…
Paperchase has put administrators on standby as the stationary chain continues to search for a rescue deal.
The retailer has lined up the corporate restructuring firm Begbies Traynor as the administrator in the event of talks for a backer collapsing.
It is unclear how many stores and jobs could potentially be put at risk by another administration process.
There are currently 101 Paperchase stores in the UK and Ireland.
This is the second time within the last two years that the retailer has been on the brink of administration with the first notice to appoint administrators having been made in January 2021.
The near collapse of the chain was due to Covid-19 after it saw sales slide on the back of significantly lower footfall amid the coronavirus lockdown restrictions.
The accountancy firm PwC was appointed as the administrator at the time and Paperchase managed to secure a rescue deal…
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.
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…