Pier 1 Imports storefront in Irving to close as company files for bankruptcy

The Pier 1 Imports storefront in Irving is one of about 450 Pier 1 locations that are scheduled to close, according to a Feb. 17 company news release. Pier 1 told its investors in the release that it is also filing for voluntary Chapter 11 bankruptcy.

"Today’s actions are intended to provide Pier 1 with additional time and financial flexibility as we now work to unlock additional value for our stakeholders through a sale of the company,” Pier 1 CEO and CFO Robert Riesbeck said in the release. "We are moving ahead in this process with the support of our lenders and are pleased with the initial interest as we engage in discussions with potential buyers.”


The Irving storefront is located at 7805 N. MacArthur Blvd., Ste. 110, Irving. 214-574-5545. www.pier1.com

By Gavin Pugh
Gavin has reported for Community Impact Newspaper since June 2017. His beat has included Dallas Area Rapid Transit, public and higher education, school and municipal governments and more. He now serves as the editor of the Grapevine, Colleyville, Southlake edition.


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