Pier 1 cites court ruling to skip rent, Bloomberg reports

Pier 1 Imports Inc. is the latest retailer to be granted a request to let it skip rent payments amid the COVID-19 pandemic, Bloomberg reports.  The judge overseeing Pier 1 Imports’ case signed an order approving the retailer’s request on Monday, Bloomberg reports. Pier 1 Imports recently announced that it has temporarily closed all of its more than 500 stores in the U.S. The approval comes after a judge in New Jersey late last month approved Modell’s Sporting Goods Inc.’s request to…