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Pier 1 Imports is an online retailer of imported home furnishings and decor, formerly a Fort Worth-based chain with over 1,000 stores. It filed for Chapter 11 bankruptcy in 2020 and closed all stores in the US and Canada, but was acquired by Retail Ecommerce Ventures and revived as an e-commerce store.
This web page provides a comprehensive list of notable defunct retailers of the United States in various categories, such as automotive, camping, sports, and catalog showrooms. It also includes the history, reasons, and dates of their closure or acquisition.
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The NewMarket tenant is moving within the center at 21st and Maize Road and will double its store size from 4,000 to 8,000 square feet.
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.
Schottenstein Stores owns stakes in DSW and American Signature Furniture; 15% of American Eagle Outfitters, retail liquidator SB360 Capital Partners, over 50 shopping centers, and 5 factories producing its shoes and furniture.
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