Robert Riesbeck Pier 1 CEO

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Home Improvement

The End of an Era: Pier 1 Imports Files for Bankruptcy

Pier 1 Imports said Monday that it filed for bankruptcy protection as it looks for a new owner.  The home furniture company announced that it seeks Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of Virginia. In an attempt to make it easier to find a buyer, the company will shutter up to 450 stores, nearly half of its locations. It announced those closings in January and has shuttered […]

todayFebruary 19, 2020

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