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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.
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)
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.
Home goods retailer Pier 1 Imports said Tuesday it is seeking bankruptcy court approval to wind down its business entirely.
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7,500 (2020) [1] Website. www .tuesdaymorning .com. Tuesday Morning Corporation was an American household merchandise discount home goods store headquartered in Dallas, Texas. Founded in 1974, Tuesday Morning once had over 700 locations across the country and advertised itself as having high quality products at low prices.
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.