February 18, 2020 by Marlee McCormick

Pier 1 Imports Goes Up For Sale

(Fort Worth, TX) — Pier 1 Imports is for sale after filing for bankruptcy.

The Fort Worth based company is asking for Chapter 11 protection as the process of looking for a sale continues. It comes as Pier 1 is closing up to 450 stores. Pier 1’s debtor-in-possession financing from companies like Bank of America adds to up just over a quarter-billion-dollars.