Amid nationwide closures, local Pier 1 stores to shut down

Pier 1 stores closing
Pier 1 Imports, at 2501 Rice Blvd., Houston, will be one of 449 other furniture stores nationwide closing its doors as the company looks to cut costs. (Hunter Marrow/Community Impact)

Pier 1 Imports, at 2501 Rice Blvd., Houston, will be one of 449 other furniture stores nationwide closing its doors as the company looks to cut costs. (Hunter Marrow/Community Impact)

Local Pier 1 Imports stores in Meyerland, at 110 Meyerland Plaza, Houston, and Rice Village, at 2501 Rice Blvd, Houston, will be closing their doors, though a store in River Oaks, at 1927 W. Gray St., Houston, will remain open. The closing date could not be confirmed with Pier 1 at Meyerland Plaza, though the Rice Village furniture store did confirm it was closing in late March/early April as the store liquidated its assets. The closures come amid a 450-store nationwide reduction for Pier 1, out of 942 total, the company announced in a third quarter fiscal year 2020 business update on Jan. 6. In the same report, Pier 1 announced it saw an 11.4% decrease in sales — to $358.4 million — compared to 3rd quarter fiscal year 2019, at $413.2 million. www.pier1.com
By Hunter Marrow

Hunter Marrow came to Community Impact Newspaper in January 2019. Before that, Hunter covered local news in Ontario, OR for three years, covering municipal issues, crime, and education across Malheur County and across the border into Idaho.


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