Business & Tech

Archiver’s Files For Chapter 11

The Golden Valley-based company has been hurt by the recession and increasing use of technology.

Golden Valley-based Archiver's has filed a reorganization plan under Chapter 11, KSTP reported.

The company told KSTP that the recession and the increased use of technology have made things difficult but that the company isn't going out of business.

Archiver’s has more than 40 scrapbooking stores in 18 states, as well as an online store. Seven of those stores are in Minnesota.

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