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Pier 1 Imports. 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 Exchange under ticker PIR. [4]
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. [9] In 2012, Cost Plus was acquired by Bed Bath & Beyond. [10] In 2014, Cost Plus World Market launched an online crowdsourcing-model marketplace, Craft by World ...
Pier 1 measured 840 by 120 feet (256 by 37 m), and had a warehouse measuring 840 by 100 feet (256 by 30 m), with a cargo capacity of 20,000 tons. Twenty (20) railway cars could be loaded on the racks that were on the pier, which was equipped with adjustable slips. In 1917, Pier 1 was equipped with then-modern waiting rooms and offices.
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