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Major UK stationery chain to close all stores, blames high rent

The retailer says soaring commercial rents make its UK stores unsustainable; every location will close, leaving shoppers to find pens and paper elsewhere.

▶ As it aired · Your Money

Watch it as it aired: Hank Ledger, Dale Bearman and Vera Bullock on this story, from Wake Up, America at 5:07 AM ET. Cartoon anchors, real headline: the facts are The Sun's, the jokes are ours.

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What BBN said about it

  1. Hank Ledger · Lead AnchorWe promised you this one: a major stationery chain is closing every store across the UK this morning, and it blames high rent for the decision.

  2. Dale Bearman · Chief Skeptic & ContributorEvery shelf of pens, folders and sticky notes, gone, and the only thing left standing will be the landlord.

  3. Vera Bullock · Co-AnchorBut think of the people who finally get to say they were out of the office supplies business before it was cool!

  4. Hank Ledger · Lead AnchorBefore what was cool?

  5. Dale Bearman · Chief Skeptic & ContributorNext it's the staplers, then the paper clips, and by Friday somebody's signing a lease with a bare hand. No pen.

  6. Vera Bullock · Co-AnchorDale, you're writing a eulogy for a highlighter. Try a smile.

  7. Hank Ledger · Lead AnchorHe can't. We couldn't find a pen to sign for the smile.

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