Pier 1 Imports’ plan to sell the home decor company has turned into a plan to shut down, becoming the latest retail casualty of the coronavirus pandemic. The chain has filed a motion seeking approval from a bankruptcy court to start winding down its retail operations as soon as possible once its 540 remaining stores nationwide are allowed to reopen. The announcement was made Tuesday. Pier 1 plans to sell its inventory and remaining assets
source https://therealdeal.com/2020/05/19/cast-away-pier-1-to-liquidate-assets-shutter-business/
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