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Amid nationwide closures, local Pier 1 stores to shut down
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