PAPERCHASE in Winchester is set to close its doors today for the final time.

Signs have been put up in the windows of the St George’s Street branch today (March 27) with all remaining stock 80 per cent off. The shop will close for the final time at 4pm.

As previously reported, the closure of the shop comes after the stationery company went into administration. While Tesco has announced a deal to buy the brand and intellectual property, the shops themselves have not been purchased.

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Jan Marchant, managing director of home and clothing at Tesco, said at the time: “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 our 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.”

Staff in the St George’s Street shop declined to comment.