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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 ...
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 ...
Marvin Girouard was the chief executive officer and chairman of the board of Pier 1 Imports. He was elected CEO in 1998, elected chairman of the board in 1999 and left the company in February 2007. [1] He is credited with saving Pier 1 Imports from its sales slump in the 1990s. [2]
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