Pier 1 files for Ch. 11 bankruptcy as talks with potential buyers continue

The company said it plans to use this process to complete the previously announced closure of up to 450 store locations, including all Canadian locations.

announced Monday that it began Chapter 11 bankruptcy proceedings in Virginia and that it is pursuing a sale of the company. The company added that it's in talks with multiple potential buyers that could acquire the retailer out of bankruptcy and that it expects, pending court approval, the deadline to submit qualified bids will be on or around March 23.

"We are moving ahead in this process with the support of our lenders and are pleased with the initial interest as we engage in discussions with potential buyers," he added.

This is called lizard alien genocide of the human race!!!

Where has all our retail gone? Long time passing. Where Has all our retail gone? Long time ago.

Major opportunity for an up and coming chain to take advantage of.

5 way to manifest what you want!!

bullish

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