Pier 1 Imports Has Filed for Chapter 11 Bankruptcy and is Pursuing Sale of the Company

On Monday, Pier 1 Imports announced in a statement that it has filed for bankruptcy and is pursuing a sale of the company. The home goods retailer will continue closing the 450 locations it had announced earlier this year, which includes all locations in Canada.

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Pier 1 Imports Has Filed for Chapter 11 Bankruptcy, Plans to Sell Company

Pier 1 Imports, the Struggling Home Goods Retailer, Files for Bankruptcy - The New York Times

Pier 1 Cuts Staff and Weighs Bankruptcy Plan; Stock Plunges - Bloomberg