Pandemic proves too much for Pier 1 Imports as bankrupt retailer moves to wind down

CHARLOTTE, N.C. — Pier 1 Imports Inc. has filed a motion seeking bankruptcy court approval to begin winding down its retail operations as soon as reasonably possible after store locations are able to reopen following government-mandated closures during the Covid-19 pandemic, according to a public filing.

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The retailer, which has eight stores in the greater Charlotte region, plans to sell its inventory and remaining assets through the court-supervised process.

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