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Financial Focus for Feb. 27, 2020: Stock prices, online shopping [Video]

Financial Focus for Feb. 27, 2020: Stock prices, online shopping

In Thursday's Financial Focus, we have a check of the stock market and the popularity of online shopping.

Credit: KTNV Channel 13 Las Vegas     Duration: 02:28Published
Local Pier 1 Imports Stores To Close [Video]

Local Pier 1 Imports Stores To Close

Two local Pier 1 Import stores are closing as the company files for Chapter 11 bankruptcy.

Credit: KDKA CBS 2 Pittsburgh     Duration: 00:19Published
Pier 1 Imports files for bankruptcy [Video]

Pier 1 Imports files for bankruptcy

As nearly 450 Pier 1 locations are set to close in the coming year, the company announced it is filing for Chapter 11 bankruptcy.

Credit: Rumble     Duration: 00:40Published
Pier 1 Imports Files for Chapter 11 Bankruptcy [Video]

Pier 1 Imports Files for Chapter 11 Bankruptcy

Pier 1 Imports announced that it filed for Chapter 11 bankruptcy and is attempting to sell the company. Pier 1 previously announced it will close up to 450 stores due to widening losses at the company.

Credit: Cheddar Inc.     Duration: 00:18Published
Pier 1 Files For Bankruptcy [Video]

Pier 1 Files For Bankruptcy

The home decor retailer is already in the process of closing hundreds of stores. DeMarco Morgan reports.

Credit: CBS2 LA     Duration: 00:17Published
Top Stories Tuesday: Apple, Pier 1 and HSBC [Video]

Top Stories Tuesday: Apple, Pier 1 and HSBC

HSBC is eliminating 35,000 jobs, Pier One has filed for Bankruptcy and Apple's revenue warning.

Credit: The Street     Duration: 01:42Published
Pier 1 Files For Bankruptcy, Prepares For Sale [Video]

Pier 1 Files For Bankruptcy, Prepares For Sale

Fort Worth, Texas-based home goods retailer Pier 1 has filed for bankruptcy.

Credit: Rumble     Duration: 00:35Published
23ABC News at 11 p.m. Top Stories for February 17, 2020 [Video]

23ABC News at 11 p.m. Top Stories for February 17, 2020

A new law -- aimed at helping keep people safe from health hazards in the air... Set to be implemented first in Shafter. All for protection from harmful air pollution caused by a variety of factors --..

Credit: 23ABC News | Bakersfield     Duration: 11:07Published
Pier 1 Imports Files For Chapter 11 Protections [Video]

Pier 1 Imports Files For Chapter 11 Protections

The company said Monday it started voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court in Richmond, Virginia.

Credit: Rumble     Duration: 00:54Published
Experiential retail driving customers to brick and mortar stores, even in the age of online shopping [Video]

Experiential retail driving customers to brick and mortar stores, even in the age of online shopping

While online shopping makes it easier to buy most of what we need, it's making it harder for many stores to keep their doors open.

Credit: WEWS NewsChannel5     Duration: 02:24Published

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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..
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Pier 1 asset auction put on hold


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Pier 1 Imports starts furlough program, announces wage cuts

Because of COVID-19's impact, Pier 1 Imports Inc. said it is preserving liquidity by cutting wages and furloughing a portion of its employees, according to a news release. Pier 1 will furlough about 65..
bizjournals - Published

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..
Business Wire - Published

Pier 1 temporarily closes all stores in response to coronavirus pandemic

Pier 1 Imports Inc. has temporarily closed all of its stores across the country, effective March 22,  the retailer announced in a press release.  The national retailer is also eliminating..
bizjournals - Published

Pier 1 Update on Measures Taken Related to COVID-19

FORT WORTH, Texas--(BUSINESS WIRE)--Pier 1 Imports, Inc. (OTCPK: PIRRQ) (“Pier 1” or the “Company”) today announced several measures that it is taking across its business in response to the..
Business Wire - Published

Open Wide: Dentists Pressured To Drill Healthy Teeth, Ex-employees Say

open wide: dentists pressured to drill healthy teeth, ex-employees say
Watch VideoJohannah Lancaster took her 3-year-old son to Dental Express for his first checkup, expecting a routine cleaning. She never imagined the treatment plan the Niles, Ohio, dentist would come..
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Why are so many big retail stores closing? Experts weigh in

Big retailers such as Bench, Carlton Cards and Pier 1 are either shuttering stores in Canada or going bankrupt. CTVNews.ca spoke with business experts about why those companies are failing.
CTV News - Published

Retailer to close one of 3 Greater Dayton stores amid bankruptcy filing

A Fort Worth, Texas-based retailer, which was already in the process of closing up to 450 stores, on Monday became the latest U.S. retailer to seek Chapter 11 bankruptcy protection. Pier 1 Imports said..
bizjournals - Published

CBJ Morning Buzz: Major expansion coming soon to a theater near you; Pier 1 to close store in region; Corruption trial begins in Charlotte

Just a little more than 30 miles west of Charlotte sits a nostalgic venue that has seen the number of similar operations across the country dwindle over the years. But this drive-in movie theater is..
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Pier 1 bankruptcy sale process approved


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Pier 1, already closing stores throughout Hawaii, files for Chapter 11 bankruptcy protection

Pier 1 Imports, which was already in the process of closing hundreds of stores, on Monday became the latest U.S. retailer to seek Chapter 11 bankruptcy protection. Hawaii has seven Pier 1 stores that..
bizjournals - Published Also reported by •TIME

Pier 1 closing Groveport distribution hub amid bankruptcy

One of the casualties of Pier 1 Imports Inc.'s bankruptcy will be its Groveport distribution center. In a notice filed with the state, the retailer revealed that it is closing the distribution and..
bizjournals - Published

Pier 1 files for Ch. 11 protection, seeks buyer

Pier 1 Imports (NYSE: PIR), which was already in the process of closing hundreds of stores, on Monday became the latest U.S. retailer to seek Chapter 11 bankruptcy protection. Fort Worth, Texas-based..
bizjournals - Published Also reported by •NewsyMarketWatch

Pier 1 files bankruptcy protection, closing 7 Arizona stores

Pier 1 Imports Inc. (NYSE: PIR) has become the latest big-box retailer to file for Chapter 11 bankruptcy protection, and court documents show that the company intends to close six stores in the Phoenix..
bizjournals - Published

Pier 1 to close one of three Louisville locations amid bankruptcy filing

Pier 1 Imports, which was already in the process of closing hundreds of stores, on Monday became the latest U.S. retailer to seek Chapter 11 bankruptcy protection — and will close one of its..
bizjournals - Published

Delaware Pier 1 Imports to close as retailer enters bankruptcy

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.  
Delawareonline - Published

Pier 1 files for bankruptcy — in Richmond

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..
bizjournals - Published

Pier 1 Imports To Pursue Court-Supervised Sale - Equityholders Likely To End Up With Nothing


SeekingAlpha - Published

Pier 1 Files For Bankruptcy Protection As It Mulls Sale

Struggling home furnishings retailer Pier 1 Imports, Inc. said it filed for Chapter 11 bankruptcy protection as it is initiating a sale process. The company is in discussions with multiple potential..
RTTNews - Published Also reported by •NewsdayNewsmaxSeattlePI.comMarketWatchSeattle Times

Pier 1 store closings: These locations are slated to shutter. Is yours on the list?

Is your Pier 1 Imports store closing? Here is the list of the U.S. locations slated to close, which includes 331 stores.
USATODAY.com - Published

Pier 1 Imports bankruptcy: Chain files for Chapter 11 as it continues closure of up to 450 stores

Pier 1 said Monday that it filed for Chapter 11 bankruptcy protection as it looks for a new owner. The retailer will close up to 450 stores.
USATODAY.com - Published

Pier 1 Imports Files for Bankruptcy and Seeks a Buyer

The home furnishing chain announced last month that it would close more than half its 936 stores, including all its locations in Canada.
NYTimes.com - Published Also reported by •MarketWatch

Ailing Pier 1 Imports declares bankruptcy

The retailer, known for its eclectic mix of furniture and home decor products, fell prey to debt and ecommerce.
CBS News - Published

Pier 1 Imports pulls the plug


SeekingAlpha - Published

Pier 1 closing all of its stores in Canada

Pier 1 is closing all stores in Canada, as the home décor retailer begins Chapter 11 proceedings in the United States.
CTV News - Published

Pier 1 Enters Plan Support Agreement with Certain Lenders and Announces Sale Process

FORT WORTH, Texas--(BUSINESS WIRE)--Pier 1 Imports, Inc. (NYSE:PIR) (“Pier 1” or the “Company”) today announced that it has entered into a Plan Support Agreement (the “PSA”) with a majority..
Business Wire - Published

Pier 1 files for chapter 11 bankruptcy

Home furnishings retailer Pier 1 has filed for chapter 11 bankruptcy as it pursues a sale of the company.
Independent - Published

Retail Roundup: Pier 1 Imports closes Bohemia store, 7 more on LI to follow

The struggling home décor retailer said on Jan. 6 it would be closing up to 450 stores "to better align its business with the current operating environment." 
Newsday - Published




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