Paper Source, a stationery retailer owned by Barnes & Noble, will close its Forest Park warehouse this spring, resulting in 107 layoffs. The company will shift operations to existing warehouses. The closure is attributed to the lease ending in early 2026 and the need to prepare for the year-end holiday season. Paper Source, founded in Chicago in 1983, was acquired by Barnes & Noble's owner in 2021 after filing for bankruptcy.
Paper Source will cut more than 100 jobs at its Forest Park warehouse when the stationery retailer closes its facility west of Chicago this spring.
“We have to vacate and have started the process with all our employees about the closure. As a retailer whose business is especially concentrated in the holiday period, we have to make the move in the summer to be able to meet the seasonality of the year-end.” Paper Source has started opening new locations “after many years of declining store numbers, including a recent standalone store carved out of the Barnes & Noble store at Encinitas, California, Flanigan said.
Before the announcement of the Forest Park warehouse closure, Paper Source had more than 200 employees in the Chicago area with 117 stores across 28 states, according to the company’s website.
LAYOFFS RETAIL WAREHOUSE CLOSURE PAPER SOURCE BARNES & NOBLE
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