Pier 1 Imports news and trends

Today In Retail: eCommerce Shift Fuels Pier 1, Dressbarn Sales; Frasers Group Could Buy Debenhams

December 07, 2020
Pier 1 Imports
eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn
Retail // December 07, 2020

Retail Ecommerce Ventures (REV), the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement. At...

Pier 1 Imports Receives Approval To Wind Down Business
Retail // June 01, 2020

With its store closing sales set to start after retail locations can safely open again, Pier 1 Imports, Inc. said it has received the green light from the U.S. Bankruptcy Court for the Eastern District of Virginia for its “planned wind-down of operations.” The home décor...

Update: Zoox Lays Off Backup Drivers To Its Autonomous Vehicles; Pelonton Halts Live Classes, To...
Coronavirus // April 07, 2020

Companies are taking steps to combat COVID-19 in the United States, while one government in Europe is aiming to reopen businesses. Here are the latest updates on COVID-19 from around the world. The government of Austria intends to begin opening shops again next week in...

Retail Bankruptcies Fuel The Overstored Debate
Retail // February 24, 2020

Another bankruptcy; another week of trying to sort out the problems at retail. With news that Pier 1 Imports has filed for Chapter 11 bankruptcy, a new spotlight is on an old contention: The U.S. simply has too many stores to support them all and...

Quick Reads
eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn

December 07, 2020
Retail Ecommerce Ventures (REV), the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement. At Pier1.com, signature home fragrances were the most popular items, according […]

Pier 1 Imports Receives Approval To Wind Down Business

June 01, 2020
With its store closing sales set to start after retail locations can safely open again, Pier 1 Imports, Inc. said it has received the green light from the U.S. Bankruptcy...

Update: Zoox Lays Off Backup Drivers To Its Autonomous Vehicles; Pelonton Halts Live Classes, To...

April 07, 2020
Companies are taking steps to combat COVID-19 in the United States, while one government in Europe is aiming to reopen businesses. Here are the latest updates on COVID-19 from around...

Pier 1 Plans Sale As It Goes Bankrupt

February 18, 2020
Troubled home-décor chain Pier 1 Imports has plans to sell the company as it applies for Chapter 11 bankruptcy and shutters as many as 450 stores — nearly half of...