Content about Pier I

February 28, 2014

Pier I reduced its fourth quarter and fiscal 2014 profit forecasts, blaming the negative impact of severe winter weather.

Forth Worth, Texas -- Pier I reduced its fourth quarter and fiscal 2014 profit forecasts, blaming the negative impact of severe winter weather. The home furnishings chain is the latest in a series of retailers to credit the extremely cold weather as the main reason for its reduced outlook.

November 30, 2012

Pier I said its total sales increased 10.9% to $425 for the third quarter, ended Nov.15, with comparable-store sales rising 7.9% from the year-ago period.

Fort Worth, Texas -- Pier I said its total sales increased 10.9% to $425 for the third quarter, ended Nov.15, with comparable-store sales rising 7.9% from the year-ago period.

April 5, 2012

Pier 1 Imports Inc. said that its fiscal fourth-quarter profit more than doubled on increased store traffic and a one-time tax benefit that boosted its bottom line.

Fort Worth, Texas -- Pier 1 Imports Inc. on Thursday said that its fiscal fourth-quarter profit more than doubled on increased store traffic and a one-time tax benefit that boosted its bottom line. The chain also announced a new three-year growth plan that includes store updates and investments in technology.

January 12, 2011

A federal appellate court in California has dismissed a lawsuit filed against Pier I by a disabled patron who claims he was unable to navigate the company’s store in Vacaville, Calif., because of architectural features that inhibited his movement, according to Dallas Business Journal.

New York City -- A federal appellate court in California has dismissed a lawsuit filed against Pier I by a disabled patron who claims he was unable to navigate the company’s store in Vacaville, Calif., because of architectural features that inhibited his movement, according to Dallas Business Journal.

January 6, 2011

Pier 1 Imports' same-store sales rose 10.3% in December, helped in part by more customers and higher average receipts.

Fort Worth -- Pier 1 Imports' same-store sales rose 10.3% in December, helped in part by more customers and higher average receipts. The company lifted its fourth quarter guidance.

Pier I used fewer promotions and clearance prices during the month than it did last year, said president and CEO Alex Smith in a statement.