2 years ago Pier 1 Returns as Revamped Ecommerce Retailer Pier 1 Imports has officially been relaunched as an internet-first retailer selling home furnishings and accessories online. The brand had liquidated all…
3 years ago Modell’s Will Become Digital-Only With $3.6 Million Purchase By Retail Ecommerce Ventures Retail Ecommerce Ventures (REV) has added a new brand to its collection by acquiring certain assets of Modell’s Sporting Goods for $3.64…
3 years ago RTW Retailwinds Files For Bankruptcy, May Close All Stores Apparel retailer RTW Retailwinds has filed for Chapter 11 protection in the U.S. Bankruptcy Court of New Jersey. The retailer expects to…
3 years ago Pier 1 Gets $20 Million Bid For Brand And E-Commerce Business Retail Ecommerce Ventures LLC, which purchased the brand assets of Dressbarn from Ascena Retail Group in 2019, has offered $20 million for…
3 years ago Failing To Find Buyer, Pier 1 Will Liquidate As Stores Reopen As government and health officials allow non-essential retailers to reopen across the country, Pier 1 Imports has asked the bankruptcy court for…
3 years ago Pier 1, Urban Outfitters And Mattress Firm Say They Won’t Pay Rent As Stores Remain Closed Retailers including Pier 1 Imports, Urban Outfitters and Mattress Firm plan to skip rent payments in the wake of the COVID-19 pandemic…
3 years ago Pier 1 Imports Furloughs Nearly Two-Thirds Of Headquarters Staff, Cuts Wages by 20%+ Pier 1 Imports will furlough 65% of its home office staff as the effects of the COVID-19 pandemic weigh heavily on the…
3 years ago Pier 1 Imports To Shutter Nearly Half Its Stores, Closing Up To 450 Locations In the latest sign that Pier 1 Imports may be inching closer to bankruptcy, the retailer revealed that it intends to close…
3 years ago With Text And Chat, Pier 1 Imports Cuts Costs, Adds Visuals To Contact Center Interactions Pier 1 Imports has been looking for ways to save money, including ongoing moves to right-size its store footprint. A customer contact…
4 years ago Pier 1 Names Former Crate & Barrel CEO President Pier 1 Imports has appointed Douglas Diemoz to the newly created role of President, and Robert Riesbeck as Executive Vice President and…
4 years ago Pier 1 Considers Strategic Alternatives; CEO Resigns After Poor Q3 Results Pier 1 Imports is evaluating strategic alternatives after the retailer saw Q3 comparable sales dip 10.5% and net sales drop 11.9% to…
5 years ago Holiday Predictions Webinar: Mobile, AI Product Recommendations Will Shine Mobile has been growing fast during the past few holiday seasons, and it’s projected to hit a major milestone in 2018: more…
Neiman Marcus Shares Insider Tips on Retiring Monolithic Tech and Embracing Modern, Composable Architecture