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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]
The Sample – Western New York based retailer founded in Buffalo in 1928 when its founder brought a sample set of 48 dresses back from New York City. At its peak, the retailer was noted for its semi-annual clearance known as the Pup Sale. The demise of The Sample was in 1991 following the death of the chain's chairman a year earlier.
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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.
For the third quarter ended November 26, 2011, the Company reported net income of $23.0 million, or $0.21 per share. Total sales for the third quarter of fiscal 2013 were $424.5 million, an ...
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