It’s such a sad time… With the coronavirus pandemic, we’re seeing many struggling retailers deciding to close for good, and this one is no different.
Today, Pier One Imports, the home good retailer, has decided to close all of its stores after 58 years in business. The company was already in trouble; closing half of their stores earlier this year, but with the coronavirus pandemic, it looked like any hope of a reorganization just wouldn’t happen.
Liquidation will begin as early as this weekend, and they’re already staring with a big Memorial Day sale, posting a 40 percent off discount on all outdoor furniture and wall decor.
I’ve got to admit, I’m kind of sad about this one. Although I didn’t visit Pier One Imports very often, it was always fun to go in there and find items for my home that I would have never thought about otherwise. Very SAD!