High Street stationery chain confirms it is hunting for buyer but talking to insolvency experts.
High Street stationery chain Paperchase has lined up administrators and put itself up for sale.
The firm said it has a number of buyers interested in the business but was also taking to the insolvency experts Begbies Traynor about options for its future.Another investor group had bought it out of administration in January 2021.Paperchase confirmed that it had hired Begbies Traynor and consultants PwC to advise it afterBegbies is being lined up in case the firm goes bust, and PwC is handling the sale of the business, a source told the BBC.
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