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Pier 1 Imports, Liberty Tree Mall, Danvers, Massachusetts (2012) 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 ...
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Bread Financial Holdings, Inc. is an American publicly-traded provider of loyalty and marketing services, such as private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
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.
The pandemic has driven many familiar companies into bankruptcy, but most are trying to stay afloat. Not so Pier 1, which announced in May that it would liquidate and close all 540 of its home ...
Pier 1's sales fell 13% to $358 million in its most recent quarter, which ended Nov. 30. It reported a net loss of $59 million for the quarter as it struggled to draw customers to its stores.
Marvin Girouard was the chief executive officer and chairman of the board of Pier 1 Imports. He was elected CEO in 1998, elected chairman of the board in 1999 and left the company in February 2007. [ 1] He is credited with saving Pier 1 Imports from its sales slump in the 1990s. [ 2]
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