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PIR News and Press, Pier 1 Imports From 02/17/20

Stock Information

Company Name: Pier 1 Imports
Stock Symbol: PIR
Market: NYSE

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PIR - Pier 1 Imports pulls the plug

Pier 1 Imports (NYSE: PIR ) files for Chapter 11 bankruptcy. The retailer plans to sell the company through the bankruptcy process. More news on: Pier 1 Imports, Inc., Consumer stocks news, Read more ...

PIR - Pier 1 Enters Plan Support Agreement with Certain Lenders and Announces Sale Process

Files Voluntary Chapter 11 Petitions to Facilitate Sale Process; Engaged in Discussions with Multiple Potential Buyers Receives Commitment of Approximately $256 Million in Debtor-in-Possession Financing Stores and Pier1.com Remain Open and are Operating; Continuing to Provide Cust...

PIR - Mall REITs: Beating Expectations

Co-produced with Beyond Saving Malls have been beaten up for years, driven to lower lows. With heavy shorting and a bearish thesis of the "retail apocalypse" driving shares lower. Starting in late 2016, mall share prices started declining. While there have been some significant rallies...

PIR - The Retail Renaissance Is Coming: Buy For Income, Stay For The Capital Gains

Co-produced with Beyond Saving In the seemingly endless bull/bear debate over mall REITs, the bears have certainly been in control of share prices. In 2019, all mall REITs gave up ground. Perhaps unexpectedly to some, the 16% yielding Pennsylvania REIT ( PEI ) and 27% yielding Washi...

PIR - Target and TJX Companies to Benefit From Pier 1's Closures

Pier 1 Imports (NYSE: PIR) , known for its eclectic range of home furnishings and decorative items, recently announced the closure of 450 of its stores in order to right-size its business in the face of decreasing revenues. The company faces challenges from increasing competition from discoun...

PIR - Sell Microvision: Nothing Left To Be Optimistic About

MicroVision ( MVIS ) states that it owns proprietary laser-beam scanning technology that has applications in projection and interactive display, consumer LiDAR and automotive LiDAR. Management has consistently promised that their "technology" has several end market applications and that they...

PIR - Telsey sees four retailers scrapping for Pier 1 sales

Telsey Advisory Group digs into the implications of Pier 1 Imports (NYSE: PIR ) closing 450 stores in the U.S. More news on: Pier 1 Imports, Inc., Wayfair Inc., The TJX Companies, Inc., Consumer stocks news, Stocks on the move Read more ...

PIR - Store traffic slump for Pier 1 Imports

Placer.ai is out with a warning on foot traffic for Pier 1 Imports (NYSE: PIR ). More news on: Pier 1 Imports, Inc., Consumer stocks news, Stocks on the move, Read more ...

PIR - Real Estate Leads Stocks To Records On 'Euphoric' Week

Real Estate Weekly Outlook There was a clear sense of "euphoria" in the air - perhaps perfectly warranted - as US equity markets notched a series of all-time highs this week, continuing a seemingly endless run of gains stretching back to the brief dip into "bear market territory" in late 2...

PIR - Retail Stories, Happy and Sad

In this episode of  Motley Fool Money , Fool analysts Emily Flippen, Andy Cross, and Ron Gross break down some market news. Kohl's  (NYSE: KSS) , Macy's  (NYSE: M) , and Pier One  (NYSE: PIR) all sunk on their reports, and don't seem sure how to turn that around. B...

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