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Home goods retailer Pier 1 Imports Inc. said Monday that it has filed for bankruptcy protection. The Fort Worth, Texas-based company, which was founded in 1962, has been struggling with increased ...
Pier 1 Imports, Inc., is an online retailer and former Fort Worth, ... Pier 1 filed for Chapter 11 bankruptcy protection on February 17, 2020, and on May 19, ...
Pier 1 Imports Pier 1 declared bankruptcy in 2020, right before the pandemic had fully taken hold, and the company hoped to find a buyer to breathe life into the struggling chain of home-goods stores.
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It emerged from bankruptcy in August, but announced on February 14, 2019, that it was filing for bankruptcy again and that it would close all of its stores and its online operation in the United States. [239] Pier 1 Imports announced the closure of 450 out of its 942 locations in January 2020. It had initially only been expected to close ...
On March 11, 2020, it was announced that Modell's Sporting Goods would close as part of a plan to close all stores nationwide after filing for Chapter 11 bankruptcy. [4] On May 19, 2020, it was announced that Pier 1 Imports would be closing as part of a plan to close all locations nationwide. [5]
One of the first major retailer bankruptcies of 2020, Pier 1 was forced to liquidate and close all of its more than 500 stores after it failed to find a buyer willing to keep any of them open.
Bankruptcy due to the Financial crisis of 2007–2008: Nando's: restaurant: May 2020: 21: After closures, the chain had 27 locations open across Canada. [22] Nordstrom: department: March 2023: 6: Pier 1 Imports: Home goods: February 2020: 67: Bankruptcy [23] Sears Canada: department: June 2017: 59 [24] Sears Canada: department: October 2017: 74 ...