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Delaware Pier 1 Imports to close as retailer enters bankruptcy

Delawareonline Tuesday, 18 February 2020
About a month after it announced plans to close up to 450 stores, Pier 1 filed for bankruptcy Monday in hopes of finding a new owner.
 
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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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