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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.
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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 ...
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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.
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