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":"494cf0b67faecb9bb7d3c5c2fe6bc349","s":"378b1fff94f94a92"}
Pier 1 is closing half its stores. Image credit: Pier 1