Monday, July 1, 2019

Pier 1 Imports gets buried in a crowded home furnishings market

The Dallas Morning News
Pier 1 interim CEO Cheryl Bachelder says the store has a loyal customer base and is working to get its mojo back. But it can’t catch a break.

The challenges facing the Fort Worth-based home furnishings chain of 973 stores seem to be multiplying as it struggles to recover from a year when sales dropped 14 percent and it swung to an annual loss for the first time since the Great Recession.. . . more