All locations of Pier 1 Imports, including the one located at 1761 Galleria Blvd., Franklin, will close permanently after the company sells off its remaining inventory starting on 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 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 CEO Robert Riesbeck said in a news release.
Pier 1 Imports to close all locations, including one in Franklin
Pier 1 Imports in Franklin is expected to close following an announcement from the company May 19. (Wendy Sturges/Community Impact Newspaper)