Content about PIER

March 2, 2012
Smooth sailing into Pier 1's first quarter

Pier 1 Imports is about about its first-quarter prospects after reporting surges in both comps and revenue.

FORT WORTH, Texas — Pier 1 Imports is about about its first-quarter prospects after reporting surges in both comps and revenue.

The company said that its total revenue for the fourth quarter, ended Feb. 25, increased a better-than-expected 11.8% to $477 million. Same-store sales rose 10.3%.

The chain said total revenue for the fiscal year ended Feb. 25 climbed 9.8% to $1.53 billion.

April 8, 2011
To profitability and beyond at Pier 1 Imports

After being left for dead four years ago, Pier 1 Imports has recuperated fully to the point where it recently embarked on a new three-year plan to restore growth to the company.

After being left for dead four years ago, Pier 1 Imports has recuperated fully to the point where it recently embarked on a new three-year plan to restore growth to the company.

Key elements of the plan call for the acceleration of e-commerce, improvements to existing stores, new store expansion and investments in infrastructure to support the enterprise and improve efficiency.

January 7, 2011
Pier 1 December same-store sales up 10.3%

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

FORT WORTH, Texas - 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.