Pier 1 Imports to become a web-only business

€ 27.50 · 4.7 (520) · In Magazzino

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The bankrupt home goods retailer — which revealed in May it was closing all of its 540 stores nationwide after 58 years in business — has sold the rights to its brand for $20 million to Retail ECommerce Ventures, a firm that bought the Dressbarn brand last year.

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