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Pier 1 Becomes First National Retailer to Announce Sweeping Post-Holiday Store Closings

Plans Call for 450 Store Closings, Nearly 50% of Its US Retailing Footprint
Pier 1 Imports said it will close 450 stores in coming months. (Raysonho for Wikimedia Commons)
Pier 1 Imports said it will close 450 stores in coming months. (Raysonho for Wikimedia Commons)
By Jennifer Waters
CoStar News
January 7, 2020 | 12:55 P.M.

Pier 1 Imports has become the first national retailer to announce widespread store closings and worker layoffs after a holiday shopping season that was anything but merry for the struggling home goods seller.

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