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Pier 1 Seeks Buyer After Bankruptcy Filing; 6,000 Jobs in Limbo

A month after announcing plans to close 450 stores, troubled home furnishings retailer Pier 1 Imports plans to sell the company as part of its exit strategy from bankruptcy court protection. The struggling chain and seven affiliated firms filed their Chapter 11 petitions on Monday in a bankruptcy court in Richmond, Va., with total assets…

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