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According to Channel 8, after almost 60 years in business, Pier 1 intends to close its remaining stores.

This is so sad! One of our favorite stores Pier 1 is going out of business! Ultimately, they will close all 540 stores after filing for bankruptcy protection earlier this year.

Soon they will start going-out-of-business sales as soon as it can reopen stores after shutting down because of the coronavirus outbreak.

SOURCE