Monday, January 6, 2020

Pier 1 to shut more stores

Chain Store Age
Pier 1 Imports continues to struggle to turnaround its ailing business.

The beleaguered home décor retailer is planning to announce a “significant” increase in store closings when it reports its third-quarter results this week, reported Bloomberg. The chain hopes to restructure out of court, although a bankruptcy filing is also an option, the report said.. . . more