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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]
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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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It wasn't too long ago that Pier 1 Imports (NYS: PIR) looked like a wreck. In 2009, it was on the brink of bankruptcy. Many investors gave it up for dead.So it's been a pleasant surprise to hear ...
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