Retail

Paper Source

2 Locations
Chicago, IL, USA
Founded 1983
1,500 Employees

About Paper Source

Company overview and description

Paper Source is a specialty retailer known for its curated selection of paper goods, custom invitations, gifts, and crafting supplies. The company began in 1983 with a single store in Chicago, created to offer unique paper products and creative inspiration to local shoppers. Over the decades, Paper Source steadily expanded, building a presence in major metropolitan areas and growing its reach nationally through a robust online platform.

As of March 2024, Paper Source operates approximately 130 stores across the United States, with locations concentrated in both urban and suburban retail centers. The brand maintains flagship stores in cities such as New York, Los Angeles, and Chicago, and continues to open new locations in high-traffic shopping districts and lifestyle centers. In recent years, Paper Source has adapted to changing retail environments by leveraging flexible store formats that allow it to fit a variety of spaces and markets.

A significant milestone in the company’s evolution occurred in 2021, when Barnes & Noble acquired Paper Source following its bankruptcy filing earlier that year. This acquisition provided operational stability and renewed momentum, enabling the brand to continue expanding and investing in new stores. Notably, Paper Source strengthened its market position in 2020 by acquiring 30 former Papyrus locations, which helped diversify its footprint and product offerings.

In the past five years, Paper Source has focused on broadening its reach in priority growth markets such as New York, Los Angeles, San Francisco, Boston, Dallas, and Atlanta. The company’s stores blend retail and experiential elements, offering in-store workshops, custom printing services, and seasonal displays that keep the shopping experience fresh and engaging. With its established brand, flexible formats, and ongoing commitment to growth, Paper Source remains a relevant and credible tenant for a wide range of retail environments.

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Company Information

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Contact Information

Corporate Address

Headquarters Location 125 S Clark St, Suite 700
Chicago, IL 60603
USA
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Key Metrics

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0
Locations
0
Employees
1983
Founded
$100M-$150M
Annual Revenue

Business Type

Retail

Parent Company

Barnes & Noble

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Barnes & Noble acquired Paper Source in September 2021 after Paper Source filed for bankruptcy in March 2021. The acquisition stabilized operations and enabled continued expansion. Store count and requirements verified as of March 2024. All real estate contacts are current as of 2024.

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