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It's the end for Pier 1

Home goods retailer closing all stores
Pier 1.PNG
Posted at 6:53 PM, May 19, 2020
and last updated 2020-05-19 18:53:53-04

INDIANAPOLIS — Pier 1, the venerable home goods chain, is closing all of its stores, the company announced Tuesday.

540 stores will close, including all Indiana locations. Those include two Indianapolis stores, plus those in Plainfield, Carmel and Noblesville.

It's the latest major U.S. retailer to fall on hard economic times. Last year, Pier 1 filed for bankruptcy and went shopping for a new owner. It couldn't find one.

The Texas-based company issued this statement Tuesday:

Pier 1 announced on May 19, 2020 that it has filed a motion seeking court approval to begin an orderly wind-down of the company’s retail operations as soon as reasonably possible after store locations are able to reopen following mandated closures during the COVID-19 pandemic. The Company expects to continue serving customers in its stores through early fall 2020. Store closing dates will vary by location.