Nationwide home decor retailer Pier 1 Imports will permanently close its Northwest Austin stores, located at 9828 Great Hills Trail, Ste. 700, Austin, and 14010 US 183 N., Ste. 200, Austin.
The closures will occur after the company sells off its remaining inventory beginning on an unknown date, according to a May 19 news release.
The two Northwest Austin Pier 1 locations are temporarily closed due to the coronavirus pandemic, but they are 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.
“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 news release.
Pier 1 Imports will close Northwest Austin locations as company begins liquidation process
Pier 1 Imports is in the process of closing 450 stores nationwide. (Hunter Marrow/Community Impact Newspaper)