Pier 1 To Close All 540 Of It’s Stores Including Duluth
Pier 1 announced that they will be closing all 540 of it's stores around the country permanently. The company based out of Fort Worth Texas released a statement yesterday saying that they decided to go out of business after they failed to secure a buyer after filing for bankruptcy this past Fall.
Pier 1 will start it's going out of business sale as soon as the physical stores are able to re-open due to the coronavirus pandemic. According to ABCNEWS Pier 1 got it's start way back in 1962 with a stand alone store in San Mateo California, Back then in the hippie era they carried mostly beads and bean bag type chairs but over the years they had grown into selling hip decor for the home.
I have to admit that way back in the day when I was in high school before the internet was the way to shop, Pier 1 was the place I always wanted to go to get stuff for my bedroom. And yes I also owned one of their famous papason chairs. They look like half a circle and sit on a bamboo stand with a thick pad in the center of the chair and you could also get an ottoman with it. They were the coolest.
As of late I have actually made a few trips to the Pier 1 in Duluth for Christmas and wedding presents. It is one of those stores where the delicious smells and sights are captivating, and I am someone who hates shopping. I can't say I am surprised that they are closing, it is a sad reality for many brick and mortar stores like this one who can't compete with online companies like Amazon and Wayfair. We have all become desensitized to needing to see things in person before we buy them, and love the convenience of buying things from the comfort of our own homes, which I am equally guilty of .