Pier 1 Imports files for Chapter 11 bankruptcy

Pier 1 Imports files for Chapter 11 bankruptcy

Pier 1 Imports filed for Chapter 11 bankruptcy protection on Monday, just weeks after it announced the closure of nearly half of its 942 stores. The Fort Worth, Texas-based home furnishings chain has struggled for the better part of the past five years as a slew of competitors from Target, Walmart, Wayfair and Bed Bath & Beyond siphoned customers away with lower prices and similar offerings.

Chris
Chris
Crimson Jester
Crimson Jester 1 months

wish I had the money. love the store

steve cobb
steve cobb 0 months

It’s been a slow company death. I remember when they did a sale leaseback on their HQ because they needed cash - that was about 10 years ago.

Jim Boi
Jim Boi 1 months

Pier 1 and DONE

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