SEC Accuses Owner of Modell’s, Pier 1 Imports of $112M Ponzi Scheme
[Editor’s note: the following has been updated to reflect information regarding the current ownership of RadioShack, which is…
News September 26
Latest In: pier 1 imports
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…
News October 30Modell’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…
News August 20
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.…
News July 13Pier 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…
News July 7Failing 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…
News May 19
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…
News April 7Pier 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…
News March 25Pier 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…
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