Inactive Instrument

Pier 1 Imports, Inc.

PIRRQ

US7202795040

Motion for Asset Sale Approved for Pier 1 Imports, Inc.

Published on 07/16/2020 at 12:00 am EDT

S&P Capital IQ

PIER 1 IMPORTS, INC.

-18.42%

The US Bankruptcy Court gave an order approving the sale of certain assets of Pier 1 Imports, Inc. on July 16, 2020. The debtor has been authorized to sell its certain assets to Pier 1 Imports Online, Inc., the highest and successful bidder, for a purchase price of $31 million in cash. The debtor’s assets include its intellectual property assets.

Latest news about Pier 1 Imports, Inc.

20-12-20	Wall St Week Ahead-RPT-Investors bet old-school retailers will rebound in 2021	RE
20-10-15	Pier 1 Imports, Inc. Announces Robert J. Riesbeck Ceased to Be Chief Executive Officer, Effective October 9, 2020	CI
20-10-15	Pier 1 Imports, Inc. Ceases Robert J. Riesbeck as Chief Financial Officer	CI
20-10-15	Pier 1 Imports, Inc. Announces Management Changes	CI
20-10-09	Pier 1 Imports, Inc. Emerged from Bankruptcy	CI
20-09-29	U.S. Retail Bankruptcies, Store Closures Hit Record in First Half -- Update	DJ
20-09-18	Stein Mart : Consumers Take Retailers to Court Over Unused Gift Cards	DJ
20-07-30	Retail Ecommerce Ventures LLC completed the acquisition to acquire e-commerce business from Pier 1 Imports, Inc. (OTCPK:PIRR.Q) for $31 million.	CI
20-07-30	Modified Third Amended Joint Reorganization Plan Approved for Pier 1 Imports, Inc.	CI
20-07-23	Motion for Asset Sale Approved for Pier 1 Imports, Inc.	CI
20-07-16	The Coronavirus Retail Shakeout : Who's Closing or Opening Stores	DJ
20-07-16	Motion for Asset Sale Approved for Pier 1 Imports, Inc.	CI
20-07-09	Notice of Succesful and Back-Up Bidder Filed by Pier 1 Imports, Inc.	CI
20-07-08	Motion for Asset Sale Filed by Pier 1 Imports, Inc.	CI
20-07-06	News Highlights : Top Company News of the Day	DJ

Chart Pier 1 Imports, Inc.

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Company Profile

Pier 1 Imports, Inc. is an importer of home decor and furniture. The Company's operations consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. The Company's categories of merchandise include decorative accessories and furniture. The decorative accessories category includes decorative accents and textiles, such as rugs, wall decorations and mirrors, candles, fragrance, gifts and seasonal items. The furniture category includes furniture and furniture cushions to be used in living, dining, office, sunrooms and patios. This merchandise group is generally made of metal or handcrafted natural materials, including rattan, pine, acacia, oak and other woods with either natural, stained, painted or upholstered finishes.

Employees

Sector

Home Furnishings Retailers

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