THE future of Jersey’s Paperchase store is in doubt after Tesco agreed to buy the chain’s brand but not any of its 106 shops.
The stationery giant, which has a branch in King Street, recently fell into administration, putting hundreds of jobs at risk
Jan Marchant, managing director of home and clothing at Tesco, said: ‘Paperchase is a well-loved brand by so many, and we’re proud to bring it to Tesco stores across the UK.
‘We have been building out plans to bring more brands and inspiration to the ranges we currently offer, and this will help us to take those plans further.
‘We look forward to sharing more with our customers in due course.’
The JEP contacted the King Street branch but a member of staff declined to comment.