The Paper Store dedicates $60M to brick-and-mortar expansion


The Paper Store dedicates $60M to brick-and-mortar expansion
This year the retailer’s largely Northeast fleet has grown by 10% to more than 100 stores, and its five-year plan includes a move into new markets. Dive Brief: The Paper Store is marking 60 years in business with a $60 million expansion plan across the Northeast and into new markets including the Midwest. Over the next five years, the gifts and homewares retailer will renovate existing stores and open an unspecified number of new ones, according to a company press release. The Paper Store now runs more than 100 stores nationwide, with 10% of those either remodeled or newly opened this year. ...more RSK: If you have a nice retail location coming available you might want to contact them since they want to expand in the Midwest.
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This year the retailer’s largely Northeast fleet has grown by 10% to more than 100 stores, and its five-year plan includes a move into new markets.

Dive Brief:

The Paper Store is marking 60 years in business with a $60 million expansion plan across the Northeast and into new markets including the Midwest.
Over the next five years, the gifts and homewares retailer will renovate existing stores and open an unspecified number of new ones, according to a company press release.
The Paper Store now runs more than 100 stores nationwide, with 10% of those either remodeled or newly opened this year.