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. The company expects to operate its business in the normal course during this process,” Pier 1 said in its statement. Its largest shareholders are Charles Schwab Investment Management and Dimensional Fund Advisors LLP.
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