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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]
Annual earnings were $280 million with over $800 million in revenue. By 2008 the company was operating at a loss, and rebuffed an 88.4 million dollar takeover bid by Pier 1 Imports. In 2012, Cost Plus was acquired by Bed Bath & Beyond. In 2014, Cost Plus World Market launched an online crowdsourcing-model marketplace, Craft by World Market.
Website. palmbeachoutlets .com. Tanger Outlets Palm Beach is a 440,000 sq ft (41,000 m 2) outlet shopping center in West Palm Beach, Florida. Opened on February 14, 2014, it was developed on the site of the former Palm Beach Mall. Palm Beach Outlets features over 130 stores and restaurants including Saks Fifth Avenue OFF 5TH, Ann Taylor, Banana ...
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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.
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