Learning from the other side: Pier 1’s contraction: What is next?
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No 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","iv":"ee873f563867586997f2c8a7b65eec6a","s":"d765144b7cd986db"}
Pier 1 is closing half its stores. Image credit: Pier 1