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More retail gaps for Perth as Paperchase is "on the brink" and Lakeland looks to leave in May
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dailyrecord.co.ukPerth is facing a double retail blow with two chain stores likely to pull out of the central shopping zone.The Fair City is set to lose Paperchase, the stationery brand which has a branch on the High Street, after the company announced it is “on the brink” of administration.Bin lorry on fire in Perth City CentreThe firm has filed a notice to appoint administrators, a move that will give it breathing space from its creditors while it works out a rescue plan.There is a Paperchase outlet midway along Perth High Street.
The company has 127 stores and about 1500 employees.A second lockdown in November in some UK cities wiped away a crucial period for the firm, which makes just under half its sales from pre-Christmas card and gift.
Read more on dailyrecord.co.uk
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