The McKinney location of Pier 1 Imports at 2821 Craig Drive, Ste. 100, will close after it sells off its remaining inventory at an unknown date. The store is currently closed because of coronavirus-related restrictions but is expected to reopen for the liquidation process.
Pier 1 confirmed May 19 that it 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 operations.
“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 CEO Robert Riesbeck said in a news release.
972-540-1826. www.pier1.com