Pier 1 Imports

Pier 1 begins Chapter 11 bankruptcy proceedings ahead of store closings

Posted on by Chris Montcalmo

NOTTINGHAM, MD—Pier 1 Imports announced on Monday that it had begun filing for bankruptcy and was seeking to sell the company. The home furnishings chain plans to close 450 stores across the U.S., including nine in Maryland. To date, the company has closed or initiated going-out-business sales at over 400 locations. The company is also in the process of closing […]

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Pier 1 Imports

Pier 1 Imports to close up to 450 stores

Posted on by Chris Montcalmo

UPDATE: The company has begun Chapter 11 bankruptcy filings. Original story below… —— NOTTINGHAM, MD—Pier 1 Imports plans to close up to 450 locations, which amounts to almost half of its 942 stores, the chain announced this week. The company said on Monday that it would also be shuttering distribution centers. Officials haven’t announced which stores will close, but the […]

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