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Pier 1 Imports files for bankruptcy and is for sale

1 month ago   |   By Stl Today

Pier I Imports, after years of trying to fix itself, has filed for Chapter 11 bankruptcy and said it already has the approval of its lenders to pursue a sale of the company. The home furnishings retailer is in the...
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Pier 1 braces for sale after filing for Chapter 11 bankruptcy

Pier 1 braces for sale after filing for Chapter 11 bankruptcy

1 month ago   |   By Business Insider

Pier 1, a home goods retailer based in Fort Worth, Texas, has filed for bankruptcy.
A press release from Business Wire said that the company is pursuing a "orderly sale process" by filing for Chapter 11 bankruptcy.
Pier 1 CEO and CFO Robert Riesbeck said in a statement that the company is "pleased with the initial interest as we engage in discussions with potential buyers."
Visit Business Insider's homepage for more stories .
Home furnishings retailer Pier 1 has filed for Chapter 11 bankruptcy.
In a Business Wire press release published on Monday, the company announced that it is "pursuing...
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