pier 1 imports

Pier 1 Imports is permanently shutting down all of its stores in Canada

Pier 1 Imports announced on Tuesday that it will permanently shut down all of its 540 locations in Canada and the U.S.

The Texas-based home furnishings company previously filed for bankruptcy protection in February. Pier 1 said that it hoped to find a buyer for its stores, which included 50 locations in Canada and about 500 stores in the U.S. at the time.

Unfortunately, the company's efforts fell short.

"This decision follows months of working to identify a buyer who would continue to operate our business going forward," the company said in a statement.

"Unfortunately, the challenging retail environment has been significantly compounded by the profound impact of COVID-19, hindering our ability to secure such a buyer and requiring us to wind down."

Pier 1 Imports opened in 1962 and catered to "post-World War II baby boomers looking for beanbag chairs, love beads and incense," per the company website.

Over the past 60 years, the company has expanded to become one of the most iconic homeware brands in North America.

Lead photo by

Mike Mozart

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