Learning from the other side: Pier 1’s contraction: What is next?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"6c715f821ef4d2c6059087a433c2adf9","s":"791d61ec926b856c"}
Pier 1 is closing half its stores. Image credit: Pier 1