Is Pier 1 Closing In The Shops At Stonefield?

by Jerry Miller, Publisher

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. 

Follow me on Twitter.com/JerryMillerNow for CVille truth 💣 💣

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Jerry Miller, CEO & Publisher

Jerry Miller is the founder & CEO of I Love CVille, VMV Brands and I Love CVille Real Estate, which are all head-quartered on The Historic Charlottesville Downtown Mall. Jerry is passionate about the #ShopLocal movement and supporting local merchants, restaurants, breweries and wineries. Get to know Jerry at JerryMillerNow.com.