Pier 1 Imports losses continue
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Home furnishings retailer Pier 1 Imports Inc. said Thursday its first-quarter loss nearly doubled on weak customer traffic, and that it will close more stores than previously announced.
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Sportswear retailer suffers another damaging blow.
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Pier 1 Imports Inc. PIR.N on  Thursday said December sales at stores open at least year fell  8.8 percent, and the home furnishings retailer, struggling with  hefty competition, again cut its earnings outlook for the  fourth quarter.
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TUNISâA ship carrying illegal immigrants to Italy sank off Tunisia, killing at least 22 people and leaving another 42 missing, news reports said yesterday, sharpening the debate in Italy over how to deal with hundreds of people trying to slip into
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Germany's Deutsche Post AG (DPWGn.DE: Quote , Profile , Research ) said losses at its U.S. express and logistics business will be 200 million euros ($246.1 million) greater than expected this year, sending its ...
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Pier 1 Imports Inc.  said on Saturday that Chairman and Chief Executive Marvin Girouard will retire from the specialty home furnishings retailer on February 28.
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The Big Appleâs counterfeit-goods industry cost the city $1.03 billion in lost tax revenue last year, says Comptroller Bill Thompson in a new report.
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Home furnishings retailer Pier 1 Imports Inc. said Wednesday its second-quarter loss widened on lower sales and various charges.
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It may be just a matter of time before this Pier sinks.
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Losses are growing for the book retailer Borders Group Inc. as it faces a difficult sales environment and a shortage of exciting new releases.
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Pier 1 Imports Inc. , a home  furnishings retailer that has struggled with falling sales and  mounting losses, on Tuesday said it will end its 10-cents a  share quarterly dividend, sending its stock down more than 4  percent.
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By Steve Zalusky  szalusky@@dailyherald.com  The absence of one Prospect Heights alderman has delayed the acquisition of easements enabling the city to bring Lake Michigan water to the Lake Claire and Shires subdivisions.
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The St. Paul Travelers Cos. Inc. estimated it lost about $140 million as a result of Hurricane Charley. This is a net loss, after tax allowances and reinsurance payments, the St.
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No 2. US book retailer Borders Group Inc. (BGP.N: Quote, Profile, Research) on Tuesday posted a quarterly loss versus a year-ago profit, hurt by sluggish store traffic and a slowdown in sales of bestsellers.
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Home decor retailer Pier 1 Imports   Inc. PIR.N on Thursday posted a wider quarterly loss, citing   lower sales in June and July and higher costs.
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Pier 1 Imports Inc., a home furnishings retailer, said Tuesday its second-quarter income fell 43.3 percent due to a 3 percent drop in stores open at least a year.
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Strong share price masks Pier 1's struggling same-store sales.