//Pier 1 is officially going out of business

Pier 1 is officially going out of business

Pier 1 is officially closing up shop after receiving approval from a bankruptcy court to cease and liquidate its retail operations.The troubled home goods retailer had its plans authorized Friday to begin liquidation sales across its 500 remaining stores once they can reopen. Its stores have temporarily closed because of COVID-19.Pier 1 aims to have all its stores permanently shuttered by October.”This is not the