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

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

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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