Retail News

Pier 1 Imports struggles to find place in crowded market

The Dallas Morning News 06/30/2019

Pier 1 Imports has loyal customers, according to interim CEO Cheryl Bachelder, but that has not been enough to keep the home furnishings chain from seeing sales fall 14 percent in the last fiscal year. The retailer has found it increasingly difficult to stand out in a market that is attracting more competition from both legacy retailers, such as Target and Walmart, and e-tailers ranging from Amazon.com to Wayfair.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!