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Company Description (as filed with the SEC)
Pier 1 Imports, Inc. was incorporated as a Delaware corporation in 1986. Throughout this report, references to the “Company” include Pier 1 Imports, Inc. and its consolidated subsidiaries. References to “Pier 1 Imports” relate to the Company’s retail locations and an e-Commerce website conducting business under the name Pier 1 Imports®. As of March 1, 2014, the Company had 1,072 stores in the United States and Canada. In fiscal 2014, the Company opened 27 new Pier 1 Imports stores and closed 17 stores, most of which were relocations. Subject to changes in the retail environment, availability of suitable store sites, and lease renewal negotiations, the Company plans to open approximately 30 new Pier 1 Imports stores and close 25 stores, most of which will be relocations, during fiscal 2015. ... More ...