TITLE

Pier 1 projects sales drop

AUTHOR(S)
Engel, Clint
PUB. DATE
November 2008
SOURCE
Furniture/Today;11/24/2008, Vol. 33 Issue 12, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Fort Worth, Texas-based Pier 1 Imports' same-store sales will decline from 16% to 18% during the third quarter of 2008. According to president and chief executive officer Alex Smith, the deterioration in customer traffic experienced in September has continued in October. Pier 1's stock has lost more than 95% of its value since May.
ACCESSION #
35526284

 

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