Page 25 - Paper Source News Today

Fidelity added 2,000 jobs last year Updated March 2, 2021, 8:06 p.m. Email to a Friend FINANCE Fidelity added 2,000 jobs last year Boston-based Fidelity Investments added some 2,000 positions to the company in 2020, growing its global workforce by about 4 percent, to end the year with more than 47,000 employees, as the company reported record revenue and operating income during the COVID-19 pandemic. Net employment actually fell in Massachusetts, however, by about 200 jobs, or 3 percent, to mor...

Dive Brief: Card and gift retailer Paper Source has filed for Chapter 11 bankruptcy with a plan to sell itself and close at least 11 stores. The company, which runs 158 stores, has a stalking horse bid from current lenders led by MidCap Financial to buy the company and provide $16.5 million in financing.  The stalking horse bid is valued at Paper Sources debt obligations, including $16 million for a debtor-in-possession facility and $72.8 million on a first lien facility, according to court pa...

The so-called stalking horse bid from its lenders sets a minimum price for an auction of the Chicago-based company's assets.

Paper Source, a Chicago-based retailer of cards and gifts, had been expanding rapidly, buying 27 store leases from bankrupt rival Papyrus. Then the COVID-19 pandemic hit, and Paper Source itself filed for bankruptcy Tuesday.

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 bankruptcy protection during a pandemic that left bricks-and-mortar stores closed for months. The company filed under Chapter 11 with the U.S. Bankruptcy Court for the Eastern District of Virginia, which ...

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

These are the best funny and romantic Valentines Day cards from Hallmark, Paper Source, Urban Outfitters, Etsy, Shutterfly, and Rifle Paper Co.

and last updated 2021-01-22 21:00:54-05 INDIAN HILL, Ohio — Betsy Leonidas first dreamt of opening a paper goods and gift shop at 15 years old. Her young lifes mission, she joked Friday, was always to find the perfect marker. Her passion continued through college and into an advertising career in New York City, where she preferred to spend her weekends in Paper Source instead of Soho. But the dream didnt arrive in reality until February 2020, when Leonidas — now a mother living in In...

Despite the pandemic, in-store options are in vogue

3. Work wonders Refresh your home office with a new desk organizer from Rifle Paper Co. The box, with a cheery floral pattern, comes with coordinating desk essentials—a pad of paper, three magnets, two enamel paper clips, one eraser, three binder clips, two pencils and 20 gold pushpins. Find the Garden Party office kit for $34.95 at Paper Source in Bethesda (papersource.com, 301-215-9141).   4. Going up Add some stylish vertical storage in the kitchen or bathroom with a wall-mounted caddy fo...