Article 67XFF Paperchase faces uncertain future as owners consider sale

Paperchase faces uncertain future as owners consider sale

by
Sarah Butler
from World news | The Guardian on (#67XFF)

Struggling stationary retailer may go in administration less than six months after previous buyout

Struggling stationery retailer Paperchase is facing an uncertain future, with the owners considering a sale or potential administration less than six months after a previous buyout.

The retailer, which faces rising costs and lacklustre sales and requires additional funding, has beenput up for auction under the advisory firm PricewaterhouseCoopers (PwC), as first reported by Sky News.

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