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Pier 1 files for bankruptcy — in Richmond

bizjournals Tuesday, 18 February 2020
After much anticipation, Pier 1 Imports Inc. has filed for Chapter 11 bankruptcy, the company announced Monday.  But there appears to be no Texas connection in the company’s legal representation nor where the homegrown Texas retailer chose to voluntarily file for Chapter 11.  The filing landed in a venue far from the home goods and decor retailer’s Fort Worth hometown: Richmond, Virginia.  According to the documents, filed in the U.S. Bankruptcy Court for the Eastern District of Virginia,…
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News video: Pier 1 Files For Bankruptcy, Prepares For Sale

Pier 1 Files For Bankruptcy, Prepares For Sale 00:34

Fort Worth, Texas-based home goods retailer Pier 1 has filed for bankruptcy. According to Business Insider, the company is filing for Chapter 11 bankruptcy. CEO and CFO Robert Riesbeck said Pier 1 is "pleased with the initial interest as we engage in discussions with potential buyers." In a press...

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Watch VideoStruggling home goods retailer Pier 1 Imports has filed for bankruptcy. The company said in a press release Monday it started voluntary Chapter...
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