The launch of the CVA comes after a period of “productive consultation with its landlords”, Paperchase have said. This is regarding the restricting of the store portfolio, and a better alignment of the rents of some particular stores in proportion with footfall and trading. In the statement released today, the stationary brand confirmed that the majority of the 145 stores will continue to trade as normal.
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Paperchase stores set to close as company looks at CVA - will your local shop close down?PAPERCHASE closures could hit the high street as the stationery shop is set to announce news about its future today and is considering a CVA. Will your local shop close? It has also been announced Ed's Easy Diner and Giraffe restaurants across the UK are set to close.
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Paperchase stores set to close as company looks at CVA - will your local shop close down?PAPERCHASE closures could hit the high street as the stationery shop is set to announce news about its future today and is considering a CVA. Will your local shop close? It has also been announced Ed's Easy Diner and Giraffe restaurants across the UK are set to close.
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Clothing chain Gap is closing more than 200 stores worldwide as company splitsGap has a number of stores in the UK, but the closures are worldwide and it hasn't been announced as to which branches will be affected
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