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Paper Source requests $1 million in bonuses amid bankruptcy as vendors languish without pay

Paper Source requests $1 million in bonuses amid bankruptcy as vendors languish without pay Christine Haughney and Liz Brown-Kaiser and Christian Peña © Provided by NBC News In the heart of the pandemic, when thousands of the nation’s retail stores were closed, the stationery chain Paper Source paid its top seven executives a combined $1.47 million in bonuses. Now that the company is in bankruptcy, its executives are seeking an additional $1 million in potential bonuses at the same time that many of the vendors it works with largely greeting card companies run by women are struggling to be repaid as little as $5,000.

'It's just really shady': Paper Source bankruptcy leaves female card-makers feeling burned by unpaid orders

Chicago-based Paper Source is dealing with the unusually public fallout with its vendors, largely creative women who happen to be in the trade of sharp and skilled communication, as it aims to keep operating in bankruptcy.