A major stationery chain has announced it will close all its UK stores by 2027. The decision affects 150 locations, including two in Scotland. The company, which has operated in the UK for just ten years, cited declining sales and changing consumer habits as key factors.
The retailer, known for its wide range of office and school supplies, has faced increasing competition from online retailers and smaller local stores. The closure will impact thousands of employees, with no immediate details on job security or relocation options. The company has not specified which regions will be most affected beyond the two Scottish stores.
The move reflects broader challenges in the retail sector, particularly for traditional brick-and-mortar businesses. With more consumers turning to e-commerce, many physical stores have struggled to maintain profitability. The stationery chain’s exit from the UK market highlights the ongoing shift in retail consumption patterns. The company plans to focus on international expansion, though no details have been released on new markets or strategies.
