Texas-Based Pier 1 Imports For Sale After Filing For Bankruptcy

Pier 1 Imports

Pier 1 Imports

Pier 1 Imports is for sale after filing for bankruptcy. The company is asking for Chapter 11 protection as the process of looking for a sale continues. It comes as Pier 1 is closing up to 450 stores. Pier 1's debtor-in-possession financing from companies like Bank of America adds to up just over a quarter-billion-dollars.

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