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On January 6, 2020, it was announced that Pier 1 will close up to 450 stores, citing "a reduction in corporate headcount". [23] [24] On February 17, 2020, Pier 1 Imports, Inc. and seven affiliated companies filed Chapter 11 bankruptcy in the United States District Court for the Eastern District of Virginia. As part of the filing, the company is ...
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Pier 1 has been trying to declutter its stores, improve online sales and draw in younger customers. Last month, Pier 1 announced it would close 450 stores, including all of its stores in Canada.
Phillipsburg Mall – Phillipsburg (1989–2020) Playground Pier – Atlantic City (1983–present) The Plaza at Harmon Meadow – Secaucus (1981–present, outdoor) Quaker Bridge Mall – Lawrence Township (1975–present) The Quarter at Tropicana – Atlantic City (2004–present) Rockaway Townsquare – Rockaway Township (1977–present)
Home goods retailer Pier 1 Imports said Tuesday it is seeking bankruptcy court approval to wind down its business entirely.
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Linens 'n Things was a big-box retailer specializing in home textiles, housewares, and decorative home accessories. [2] Based in Clifton, New Jersey, the chain operated 571 stores in 47 U.S. states and six Canadian provinces, and had 7,300 employees as of December 2006. [1] The company's business strategy was "to offer a broad selection of high ...
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 ...