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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.
In 1962, with the help of the Tandy Corporation, Cost Plus Imports incorporated and opened franchised locations in California and Texas. The franchised stores would, by 1966, be renamed Pier 1 Imports , while Amthor's original chain retained the Cost Plus name.
Across the United States, a large number of local stores and store chains that started between the 1920s and 1950s have become defunct since the late 1960s, when many chains were either consolidated or liquidated.
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Home goods retailer Pier 1 Imports said Tuesday it is seeking bankruptcy court approval to wind down its business entirely.
What: Shares of retailer Pier 1 Imports (NYS: PIR) Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case...
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