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Pier 1 Imports to Liquidate When Stores Reopen After Virus Thwarts Sale

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

Apparel retail has taken major hits from the COVID-19 pandemic so far, but it appears a longstanding home furnishings retailer has succumbed to a fate even worse than bankruptcy. Pier 1 Imports is the latest casualty of the pandemic, with the troubled retailer revealing that it is seeking court approval to wind down its retail…

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