Pier 1 Imports struggles to find place in crowded market
July 1, 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.
Recent News
Popeyes Adds Menu Hack Double Stack Sandwich in the UK
Popeyes, the Louisiana chicken chain, continues to expand its menu offerings in the UK. Known for its Cajun breakfast and spicy Buffalo chicken options, the fast-food brand has now introduced a new item: the Double Stack Sandwich.
JCPenney Announces a New Rewards and Credit Program
This new program could potentially return half a billion dollars to America’s families.
Starbucks Improves Its Iconic Cold Cup
The company aims to further its commitment to be a resource-positive business.
Netflix Makes Major Changes to Its Plans
Streaming company Netflix is changing up its approach. The company, known for its subscription model without ads, is now diving into live sports, video games, and ad-supported content.