Pier 1 Takes Additional Actions to Preserve Liquidity in Response to COVID-19

FORT WORTH, Texas--(BUSINESS WIRE)--Pier 1 Imports, Inc. (OTCPK: PIRRQ) (“Pier 1” or the “Company”) today announced additional measures it is taking to preserve liquidity and mitigate the financial impact of the COVID-19 pandemic. “Like many retailers that have temporarily closed stores in response to COVID-19, we are making difficult decisions that are necessary to preserve value in our business for the long-term benefit of our associates, customers and other stakeholders,” said Robert Riesbec