Pier 1 Imports Inc. is a Fort Worth, Texas based retailer specializing in imported home furnishings and decor, particularly furniture, table-top items, decorative accessories and seasonal decor. The chain operates over 1,000 stores under the name Pier 1 Imports in the United States, Canada, Mexico and Puerto Rico. The company also had a children's furniture and accessories retail concept in the United States called Pier 1 Kids which was disbanded in September 2007. It was a member of the S&P MidCap 400 list through the end of 2006, when it was bumped off the list. Pier 1 Imports also... owned a chain of home-decor retailers in the United Kingdom called "The Pier" until it sold to Palli Limited, a subsidiary of Lagerinn ehf. in March 2006. This chain went into Administration in December 2008 and was finally closed in January 2009. The company was founded in 1962 in San Mateo, California. Former spokespeople for the company, seen largely in broadcast commercials, include Cheers alumna Kirstie Alley and Thom Filicia of Queer Eye for the Straight Guy. The first Pier 1 Imports store opened in San Mateo, California, in 1962.
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| NYSE symbol: | PIR |
| Founded: | 1962 |
| Headquarters: | Fort Worth, Texas |
| Legal structure: | Public company |
| Annual revenue: | $1,320,680,000 |
| Net income: | $-129,250,000 |
| Operating income: | $-120,560,000 |
| Market cap: | $460,000,000 |
| Industries: | Retail, Furniture and Home Furnishings Stores |