Stationer Paperchase has proposed a restructuring that involves the closure of five of its 145 stores. Another 23 stores will be at risk as it tries to cut their rents by 50%. The retailer is ...

Paperchase's administrators, Begbies Traynor, said 75 workers at its head office have been made redundant. All stores will remain open for now with two weeks to redeem gift cards. Tesco will now ...