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Pier 1 Imports, Liberty Tree Mall, Danvers, Massachusetts (2012) Pier 1 Imports, Inc., is an online retailer and former Fort Worth, Texas-based retail chain specializing in imported home furnishings and decor, particularly furniture, table-top items, decorative accessories, and seasonal decor.
Pier 1 has been trying to declutter its stores, improve online sales and draw in younger customers. Last month, Pier 1 announced it would close 450 stores, including all of its stores in Canada ...
It wasn't too long ago that Pier 1 Imports (NYS: PIR) looked like a wreck. In 2009, it was on the brink of bankruptcy. Many investors gave it up for dead.So it's been a pleasant surprise to hear ...
Margins matter. The more Pier 1 Imports (NYS: PIR) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Annual earnings were $280 million with over $800 million in revenue. By 2008 the company was operating at a loss, and rebuffed an 88.4 million dollar takeover bid by Pier 1 Imports. [10] In 2012, Cost Plus was acquired by Bed Bath & Beyond. [11] In 2014, Cost Plus World Market launched an online crowdsourcing-model marketplace, Craft by World ...
Linens 'n Things was a big-box retailer specializing in home textiles, housewares, and decorative home accessories. [2] Based in Clifton, New Jersey, the chain operated 571 stores in 47 U.S. states and six Canadian provinces, and had 7,300 employees as of December 2006. [1]