Tesco buys Paperchase brand but not shops, with 800 jobs at risk
The Guardian M&A
JANUARY 31, 2023
Stationery retailer collapses into administration after rising costs and disappointing sales Tesco has bought the brand and intellectual property of Paperchase, after the struggling stationery retailer collapsed into administration. The deal follows a difficult few months for Paperchase after rising costs and disappointing sales.
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