Pier 1 Imports Files for Bankruptcy, Will Pursue Sale of Company

Pier 1 Imports Files for Bankruptcy, Will Pursue Sale of Company

Pier 1 Imports filed for chapter 11 bankruptcy protection today and is pursuing a sale of the company, per an agreement with a majority of its term loan lenders, according to a statement. The bankruptcy was filed in the U.S. Bankruptcy Court for the Eastern District of Virginia, the home furnishings retailer noted. Pier 1…

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