Content about Pier I

January 7, 2011

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.