The store is currently closed due to the outbreak of COVID-19, but it is expected to reopen for the liquidation process.
Pier 1 confirmed May 19 that the company is preparing to go out of business "as soon as reasonably possible" after failing to secure a buyer that would have allowed it to continue operating. Pier 1 initially filed for Chapter 11 bankruptcy in February, store officials said in a news release Feb. 17.
"Unfortunately, the challenging retail environment has been significantly compounded by the profound impact of COVID-19, hindering our ability to secure such a buyer and requiring us to wind down," Pier 1 Chief Executive Officer Robert Riesbeck said in a May 19 news release.