Recent events
Recent events tied to this brand in public sources.
Back to profile4 entries
2021
Paper Source files for Chapter 11 bankruptcy
Paper Source filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Virginia and said it would continue operating while seeking to reorganize its debt.
2021
MidCap Financial agrees to bid for Paper Source assets
Paper Source said MidCap Financial agreed to serve as the initial bidder to purchase the retailer's assets for up to $88.8 million; the sale was expected to close in about 90 days.
2020
Paper Source launches virtual workshops and Kids Club subscription boxes
Paper Source launched virtual workshops for children and adults and a monthly Kids Club subscription box with craft supplies and digital how-to videos.
2020
Paper Source acquires leases for 30 Papyrus stores
Paper Source purchased the leases for 30 closed Papyrus stores for $575,000, according to the report.