Is Pier 1 closing in The Shops at Stonefield?? 🧐🤔 I took this pic on Sunday. Checkout the signage in the window: 40% off EVERYTHING. Yikes!!
Pier1 is closing 450 stores nationwide and is nearing bankruptcy. -> https://amp.cnn.com/…/…/pier-1-imports-bankruptcy/index.html
Pier 1’s stock was at $300 a share in 2015. It is trading at around $5 today. 😟😟
Amazon is annihilating brick & mortar retail. Businesses must pivot their retail models to “experiential retail” to survive in this Wild West shopping environment. 
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