Pier 1 Closing Many Carolina Locations
It’s time to revise the “store footprint.”
Pier 1 Imports plans to close up to 450 locations, nearly half of its stores. “Although decisions that impact our associates are never easy, reducing the number of our brick-and-mortar locations is a necessary business decision,” Pier 1 CEO and Chief Financial Officer Robert Riesbeck said in a news release. They always had such cool stuff.
I always loved to wander through Pier 1 stores when I was with my mother shopping. As a matter of fact, my circle chair was purchased from pier one and I’m 99% sure I gave a director chair to an ex-boyfriend. They always seemed to have pieces that you couldn’t find anywhere else. If you were looking for different, that was your place!
According to one report, the company also is preparing to file for bankruptcy. https://t.co/LtDNtVdTzc
— USA TODAY (@USATODAY) January 7, 2020
