When putting my Christmas wrap, ribbon, bags, etc. away I noticed the rolls wouldn't stay rolled up without the aid of tape (which ruins the paper). I'd just removed a pair of knee high nylons, with a run in one of them. After washing the nylons, I cut across the legs in strips, slid them on the rolls of paper and Voila! Neat rolls and recycling too!
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The best way to store wrapping paper is to unroll it from the cardboard tube and then re-roll it and store it inside the tube.