Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Pier 1 Imports closing nearly half of stores as sales falter

 

January 7, 2020

Jonathan Weiss – Dreamstine/TNS

Pier 1 said Monday it is closing up to 450 stores and will also shutter distribution centers. It also plans layoffs at its corporate headquarters in Fort Worth, Texas.

FORT WORTH, Texas - Pier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online.

The home decor company said Monday it is closing up to 450 stores and will also shutter distribution centers. It didn't say where the store closures would occur, but it operates stores in the U.S. and Canada. Pier 1 also plans layoffs at its corporate headquarters in Fort Worth, Texas.

http://www.startribune.com/pier-1-imports-closing-nearly-half-of-stores-as-sales-falter/566759802/


 

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