Skip to main content

CNBC US News

The rise and fall of Pier 1

6 years 1 month ago
In 2019, Pier 1 was facing competition from every angle and doing what it could to stem the losses. While overall sales grew from nearly $517 million in 1990 to more than $1.5 billion in 2019, same-store sales had fallen for three straight years — in 2017, 2018 and 2019.
Checked
8 minutes ago
Get complete CNBC business news coverage online. Find the latest regional business news pertaining to the United States of America including headlines & top stories available on the official CNBC site.
Subscribe to CNBC US News feed