Paper Source, which sells greeting cards, paper goods and custom invitations, filed for Chapter 11 bankruptcy protection on Tuesday after sales plummeted due to the pandemic.

Paper Source, founded in 1983, is the latest national retailer to file for Chapter 11 bankruptcy protection during the pandemic, a process that companies from J.C. Penney to J.Crew have used to ...

Paper Source usually places orders of approximately $2,000 each month with Offensive+Delightful but in February made an $8,000 order. Paper Source owes her about $12,000.

Paper Source aims to hold an auction for its business on April 21 and a sale hearing on April 30. purchase licensing rights; Filed Under: Distressed Retail, Financial News.

Paper Source, a Chicago-based retailer of greeting cards and gifts that had been expanding rapidly before the COVID-19 pandemic, filed for bankruptcy Tuesday. It’s the latest retailer to seek ...

The owner of Barnes & Noble is purchasing Chicago-based Paper Source. Hedge fund Elliott Investment Management said it entered an agreement to buy the Chicago-based greeting cards and gifts ...

Paper Source opened its first store in 1983 in a building under the Brown Line on Chicago Avenue. The company employs about 1,700 people, including 375 in Illinois, a spokeswoman said.

Paper Source ordered more from The Card Bureau in a 60-day period than it had in all of 2020, according to Velencia. The chain ordered $5,000 worth of merchandise within 20 days of the filing and ...

‘They have $20,000 that they owe me’: TikToker accuses Paper Source of stealing from her small business She says the company is withholding pay from her and other artists.

According to a Paper Source spokeswoman, the company, which has been around since 1983, decided to open two Las Vegas area locations to satisfy consumer demand. “These two stores will be a great ...