Article

2020-01-07 Economy

Pier 1 Imports closing nearly half of stores as sales falter

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Posted by Besoeker 2020-01-07 01:44|| || Front Page|| [14 views ] Top

#1 Selling Chinese imports be hard.

Posted by Besoeker 2020-01-07 01:46|| 2020-01-07 01:46|| Front Page Top

#2 ..yeah, when everyone else got into the act.

Pier 1 named a new CEO with a background in corporate turnarounds in November. Robert Riesbeck previously served as the company’s chief financial officer.

Oh, yeah, hiring bean counters is usually to road to orderly bankruptcy.

Posted by Procopius2k 2020-01-07 07:26|| 2020-01-07 07:26|| Front Page Top

#3 Internet has killed so many of these brick and mortar. To bad, enjoyed Pier 1.

Posted by Woodrow 2020-01-07 09:11|| 2020-01-07 09:11|| Front Page Top

#4 Chinese-made dust collectors litter the house; can't say I am sad to see them go; maybe they can swing by on their way out and pick up this crap....

Posted by USN, Ret. 2020-01-07 10:57|| 2020-01-07 10:57|| Front Page Top

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