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. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales. Its largest shareholders are Charles Schwab Investment Management and Dimensional Fund Advisors LLP. .
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