Pier 1 Plans Sale As It Goes Bankrupt
PYMNTS
FEBRUARY 18, 2020
The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. Its customers will still be able to shop with the company, both at the stores that remain open and online. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales.
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