Pier 1 Imports To Close 450 Stores

Pier 1 Imports is getting ready to close 450 of its stores. A large number of store closures will result in a massive amount of layoffs for the company.

Goplus Rattan Sofa Furniture Set Outdoor Garden Patio 4-Piece Cushioned Seat Mix Brown Wicker

The home decor retailer joins a growing list of retailers that were forced to downsize by closing a bulk of their stores in an era that is being called the retail apocalypse.

If Pier 1 does not find a lender to provide some financing, a bankruptcy filing may be inevitable in the near future.



One thought on “Pier 1 Imports To Close 450 Stores

Leave a Reply

%d bloggers like this: