Tesco is close to buying the stationery chain's brand in a pre-pack deal that will leave its employees and stores facing an uncertain future, Sky News learns.
The chain was taken over in August by Steve Curtis, an experienced retail investor who has been involved with Tie Rack and Jigsaw.
Other notable high street chains to collapse during the pandemic included Debenhams and the Dorothy Perkins-to-TopShop empire, Arcadia Group.
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