Paper Source

Spot Location

King Street
Alexandria
VA 22314
United States of America

Paper Source on King Street, Alexandria Virginia - location map

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Contact/Connect to Spot

Phone: 703-299-9950

Website

Spot Details

Spot Type

  • Commercial/Shopping
  • Stationery

Spot Hours

  • Mo-Sa 10:00-19:00
  • Su 11:00-18:00
Spot is on Exit(s)

I-95-MD-2A-B-NB
 I-295 north – Washington, National Harbor
Oxon Hill Prince George's MD

I-95-VA-177A-B-C-SB
 US 1 – Alexandria, Fort Belvoir
City of Alexandria VA

Brand

Brand: Paper Source

Paper Source is an American stationery and gift retailer based in Chicago, Illinois, that offers papers, custom invitations and announcements, gifts, greeting cards, gift wrap, paper craft kits, party supplies, and personalized stationery and stamps.Paper Source was founded by [Susan Lindstrom in 1983 after a trip to Japan exposed her to refined stationery. The first Paper Source store opened in Chicago's River North neighborhood to showcase handcrafted papers from around the world. Lindstrom retired as Chief Creative Officer in 2009.

In 2007, Brentwood Associates purchased a majority stake in the company and Sally Pofcher was named CEO. Under Pofcher's leadership, the retailer grew from 20 stores to 100. In 2013, Paper Source was sold to Investcorp. In 2015, after opening their 100th store, Paper Source hired a new CEO, Winnie Park, and opened a large warehouse facility in Forest Park, IL.In March 2020, Paper Source acquired 30 stores from bankrupt stationery retailer Papyrus. With this acquisition, Paper Source has over 165 stores.

In March 2021, Paper Source filed for Chapter 11 bankruptcy. Paper Source placed unusually large orders with greeting card suppliers in the months and weeks preceding the bankruptcy. The bankruptcy filing means that payment for those orders may be delayed and, in some cases, possibly never repaid in full. The Paper Source bankruptcy filing received media attention for the way the company squeezed out small businesses already struggling to survive during the COVID-19 pandemic.

Meghan Markle worked as a calligraphy instructor at the Beverly Hills branch of Paper Source from 2004-2005.



Wikipedia entry



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