Pier 1 Imports

Pier 1 Imports is currently an internet-first retailer, having started as a single shop in California and grown into a nationwide retail network and e-commerce platform. After being bought by incubator Retail Ecommerce Ventures, the firm redesigned its website, pier1.com, earlier this year (REV). Furniture, home furnishings, and other items are still available in the United States and overseas.

Under the ticker PIR, it was publicly traded on the New York Stock Exchange. Pier 1 had over 1,000 physical stores in the United States and Canada as of January 2020. On February 17, 2020, Pier 1 filed for Chapter 11 bankruptcy protection, and on May 19, 2020, it stated it was requesting the bankruptcy court to liquidate all of its stores, owing in part to the COVID-19 epidemic.

Retail Internet Ventures (REV) purchased the rights to Pier 1 in July 2020 with the intention of reviving the brand as an ecommerce business.

Pier 1 Import’s home décor products include:

• Lighting
• Tableware
• Furnishings
• Rugs
• Art
• Candles
• Wall décor
• Storage
• Floral and plants
• Bath accessories

Founded: 1962
Headquarters: Dallas, US
Revenue: $1.6 billion
Website: https://www.pier1.com/