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Pier 1 filed for Chapter 11 bankruptcy in order to facilitate an "orderly sale process," according to a press release from Business Wire.
We visited a Pier 1 store that’s preparing to shutter and found its closing sale confusing and disorganized
We visited a closing Pier 1 store in Queens, New York, and saw uncompetitive discounts along with confusing layouts and signs.
We compared Ross and the struggling Pier 1 Imports and saw why the messier store is actually better to shop for home goods
While Ross was clearly messier, Pier 1 Imports could not compete with the combined value and quality of the discount chain.
Pier 1 Imports is closing hundreds of its stores amid reports of an imminent bankruptcy. We visited a store and saw why the chain is struggling.
Pier 1 Imports is closing up to 450 stores and reportedly cutting 40% of its headquarters staff. We visited a store and saw why it's struggling.
We shopped at TJ Maxx and Pier 1 Imports to see which store is better for home goods — and the winner was unexpected
Pier 1 Imports and TJ Maxx are known for their home goods selections. We went shopping at both to see which was better and found a clear victor.
We shopped at Target and the struggling Pier 1 Imports to see which store is better at selling home goods — and there was a clear winner
Pier 1 has fallen behind its competitor, but it still offers a better home goods shopping experience than Target. We compared them both.
Retailers are filing for bankruptcy at a staggering rate — and these 17 companies could be the next to default
Moody's identified 17 retailers with the highest risk of defaulting or filing for bankruptcy.
The stock's dismal performance comes amid the CEO's departure in December, followed by the chief information officer's departure announced last week.