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":"c8d80f5ba485aae21ff6b29dec90737f","s":"96923b11c706f695"}
Pier 1 is closing half its stores. Image credit: Pier 1