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Scrapbooking supply company Archiver's, closing stores

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news Brainerd, 56401
Brainerd Dispatch
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Brainerd MN 506 James St. / PO Box 974 56401

GOLDEN VALLEY, Minn. (AP) — The Golden Valley-based scrapbook supply company Archiver's says it's going out of business and will close its stores by mid-February.

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In a statement on its website, the 14-year-old company says the industry, as well as customer needs, have changed resulting in declining sales and mounting losses. The company says it has 33 stores in 18 states and employs about a dozen people at each location.

Archiver's says that over the past four to five years, a weak economy and new technology has impacted retailers in the craft industry. The company streamlined operations, tried new products, but says its stores no longer generate the sales needed to support the business.

Archiver's filed for bankruptcy protection last April.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Denton (Denny) Newman Jr.
I've worked at the Brainerd Dispatch with various duties since Dec. 7, 1983. Starting off as an Ad Designer and currently Director of Audience Development. The Dispatch has been an interesting and challenging place to work. I'm fortunate to have made many friends, both co-workers and customers.
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