Paperchase online store to close with just two days left of trading following company administration

Paperchase customers received an email this morning (February 15) informing them that the stationery retailer will be closing its website with just two days of trading left. The company fell into administration last month (January 31) and now the website will close permanently on Friday (February 17) at midnight.

The Paperchase brand and intellectual property however has been bought by Tesco. The eleventh-hour deal purchase did not include its physical stores either which has put 106 Paperchase high street shops and around 820 jobs at risk.

There are currently seven Paperchase stores in and around Manchester. In the email sent to customers about the website, the retailer said the online store is offering at least 30% off "almost everything".

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It also read: "We want to take a moment to thank you for your support and loyalty over the years. Whether you were browsing for the latest notebook or seeking inspiration for your latest project, we are so grateful to have been a part of your journey.

"Thank you for being a part of our special journey. With love, the Paperchase team."

The retailer hasn't yet confirmed an exact date it will close the physical stores and will continue trading as normal for now. There is currently discounts of up to 50% on certain items and it will continue to receive new stock weekly in physical stores for the foreseeable.

Gift cards cannot be used however and the last day to use vouchers was yesterday (February 14). Paperchase products will still feature in Tesco stores around the UK.

Tesco's managing director of home and clothing said: "Paperchase is a well-loved brand by so many, and we're proud to