Pier 1 Imports Closing it's doors by December 2009?
Sad but true, this rumor has been floating around for a bit now - and many sources say that indeed Pier One is closing many of it's stores by December of 09. However, their are also sources that say it's a rumor.
If this is true, what this means to you though - is SALE SALE SALE!!! Stagers, home owners, decorate it yourselfers? Go stock up now. Find out if any of your local stores are closing and when. Their close date will determine the amount you can save.
Maybe that rug imported from India shouldn't have been priced quite so high. I've often liked the Pier 1 style, but their price tags are a bit on the high side. With this economy these are the types of stores that are in trouble. Stores like Target and even Wal-mart have made a wise choice in replicating the Pottery Barn/Pier One look at a much lower cost to buyers. I think we'll be seeing more stores in the near future not able to keep up with the economic crunch.
And along that line of thought I found a retail traffic site that is following this topic along with what other stores are closing some or all of its doors.
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