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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. It was publicly traded on the New York Stock ...
The pandemic has driven many familiar companies into bankruptcy, but most are trying to stay afloat. Not so Pier 1, which announced in May that it would liquidate and close all 540 of its home ...
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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.
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.
Galeries Lafayette - department store; France. Geoffrey's Toy Box - toys, video games, videos (Revival of Toys R Us) Harvey Norman - furniture, housewares, electronics; Australia, New Zealand, Singapore, Malaysia, Ireland, United Kingdom (Northern Ireland), Slovenia and Croatia. Hipercor - hypermarkets; Spain. The Home Depot - hardware.
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