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Pier 1 Imports Logo
A Pier 1 Imports In Feasterville Trevose, Pennsylvania
Pier 1 Imports Inc. is a Fort Worth, Texas–based retailer specializing in imported home furnishings and decor, particularly furniture, table-top items, decorative accessories, and seasonal decor. It is publicly traded on the New York Stock Exchange under ticker PIR. According to its investor relations website, "Our image is quirky, and our logo is iconic" and describes itself as "ever-original, ever-evolving".
Pier 1 Imports, a popular home decor and furniture store, closed all of its retail locations in 2020 due to financial difficulties. Despite efforts to restructure and remain in operation, the company was ultimately unable to recover and is no longer in business.
In 2021, after closing all of its retail stores in 2020, Pier 1 Imports saw an opportunity to pivot to e-commerce and invested in its online presence by relaunching its website as its sole revenue option. While this shift to online-only sales represents a significant change for the company, it also opens up new opportunities for growth and expansion in the digital marketplace.