Pier 1 Imports

Computer-maker plans to expand in Penn Hills

Today's Tribune-Review (Free subscription) | 07/18/2008

The voice-activated technology innovator has been adding 30 to 50 workers a year.

Furniture dealers hit hard by struggling housing market

ScrippsNews (Free subscription) | 07/17/2008

In the furniture business nowadays, even flat sales are considered good. Havertys, Sealy and other major manufacturers have seen sales drop 25 percent or more since last year. La-Z-Boy, Pier 1 Imports and other chains are closing underperforming stores, and the number of corporate bankruptcies is skyrocketing. read more

Nation briefs: Pier 1 closings

kansascity.com (Free subscription) | 07/11/2008

Pier 1 Imports Inc., the biggest U.S. retailer of imported furniture, will close 20 to 25 stores before the end of the year to cut costs. The company also will eliminate “excess” distribution-center space, it said this week in a regulatory filing. Costs from closing stores and terminating leases will be as much as $8 million, according to the filing.

Cost Plus beefs up takeover defenses

The San Francisco Business Times (Free subscription) | 06/25/2008

Cost Plus Inc. strengthened its defenses against unwanted takeovers on Wednesday after weathering one attempt by Pier 1 Imports. (CPWM) (PIR)

Pier 1 Imports drops $88M bid for Cost Plus

The San Francisco Business Times (Free subscription) | 06/25/2008

Pier 1 Imports Inc. withdrew its offer for Oakland's Cost Plus Inc. (PIR) (CPWM)

Pier 1 Imports drops Cost Plus bid

The New Mexico Business Weekly (Free subscription) | 06/25/2008

Pier 1 Imports Inc. on Wednesday announced it is abandoning its effort to acquire rival Cost Plus Inc. (PIR) (CPWM)

Pier 1 Imports drops Cost Plus bid

The East Bay Business Times (Free subscription) | 06/25/2008

Pier 1 Imports Inc. on Wednesday announced it is abandoning its effort to acquire rival Cost Plus Inc. (PIR) (CPWM)

Pier 1 Imports drops Cost Plus bid

The Atlanta Business Chronicle (Free subscription) | 06/25/2008

Pier 1 Imports Inc. on Wednesday announced it is abandoning its effort to acquire rival Cost Plus Inc. (PIR) (CPWM)

Pier 1 Imports drops Cost Plus bid

The Dallas Business Journal (Free subscription) | 06/25/2008

Pier 1 Imports Inc. on Wednesday announced it is abandoning its effort to acquire rival Cost Plus Inc. (NASDAQ: CPWM). (CPWM) (PIR)

Pier 1 Imports abandons bid for Cost Plus

Market Watch (Free subscription) | 06/25/2008

Pier 1 says it's abandoned its plans to take over rival home-furnishings retailer Cost Plus, calling the effort too costly.

Pier 1 Imports Announces Withdrawal of Proposal to Acquire Cost Plus

Business Wire (Free subscription) | 06/25/2008

FORT WORTH, Texas--(BUSINESS WIRE)--Pier 1 Imports, Inc. (NYSE: PIR) today announced it has withdrawn its proposal to acquire all the outstanding shares of Cost Plus, Inc. (NASDAQ: CPWM)

• Pier 1 Imports withdraws proposal to buy Cost Plus - Market Watch

Pier 1 stock down after analyst downgrade

The New Mexico Business Weekly (Free subscription) | 06/23/2008

Pier 1 Imports traded down more than 15 percent Monday after Goldman Sachs lowered its earnings and price target, issuing a pessimistic view of the chain's proposed acquisition of Cost Plus Inc. Both chains have locations in New Mexico. (PIR)

Pier 1 stock down after analyst downgrade

The Dallas Business Journal (Free subscription) | 06/23/2008

Fort Worth-based retailer Pier 1 Imports traded down more than 15 percent Monday after Goldman Sachs lowered its earnings and price target, issuing a pessimistic view of the chain's proposed acquisition of Cost Plus Inc. (PIR)

Pier 1 narrows first-quarter loss

The Dallas Business Journal (Free subscription) | 06/19/2008

Pier 1 Imports Inc. said it shrunk its fiscal first-quarter loss despite lower sales because of better profit margins and improved operating costs.

Pier 1 shares tumble after big miss in quarterly results

Market Watch (Free subscription) | 06/19/2008

Home furnishings retailer Pier 1 Imports Inc. saw its shares lost about a fifth of their value Thursday after its first quarter loss was much wider than analysts had expected.