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Pier 1 Imports to shutter all stores, citing ‘uncertainty’ of post-coronavirus retail

Pier 1 Imports to shutter all stores, citing ‘uncertainty’
of post-coronavirus retail 1

“We deeply value our associates, customers, business partners and the communities in which we operate, and this is not the outcome we expected or hoped to achieve. This decision follows months of working to identify a buyer who would continue to operate our business going forward. Unfortunately, the challenging retail environment has been significantly compounded by the profound impact of COVID-19, hindering our ability to secure such a buyer and requiring us to wind down.”

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