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

 

Related Articles

  • Pier 1 cites 'healthy' same-store sales rise.  // Furniture/Today;1/14/2008, Vol. 32 Issue 19, p54 

    The article focuses on the business performance of retailer Pier 1 Imports in Fort Worth, Texas. The company states that its period sales in December 2007 reveals $233.4 million which down at 3.8%. Moreover, the company adds that its same-store sales were up to 7.5%. According to Alex Smith,...

  • Pier 1 Q3 Loss Up to $20M.  // Home Textiles Today;12/8/2008, Vol. 29 Issue 30, p6 

    The article offers information on the business performance of Pier 1 Imports based in Forth Worth, Texas. It mentions that the company anticipates a sales drop of 16% to 18% for its third quarter. Although the store traffic was down 10% year-to-year in October, president and ceo Alex Smith...

  • Pier 1 Imports lands in the Top 10. Francis, Robert // Fort Worth Business Press;8/25/2008, Vol. 22 Issue 33, p10 

    The article offers information on Pier 1 Imports of Fort Worth, Texas, led by chief executive officer (CEO) Alex Smith. The home furnishing retailer has sold its Fort Worth headquarters and reported the fourth quarter of 2007 with positive earnings. According to reports, the company has shown...

  • Pier 1's same-store sales jump 9.9% in Sept. as traffic rises.  // Furniture/Today;10/17/2009, Vol. 34 Issue 6, p180 

    The article reports on the same-store sales of Pier 1 Import Inc. in Fort Worth, Texas which rise 9.9% in September 2009 as merchandise margins and in-store traffic improved. Alex Smith, president at Pier 1 Import, states that the rise in their sales appears to continue in October and should...

  • Feb. sales rise for Pier 1, Havertys, fall at Bombay.  // Furniture/Today;3/11/2002, Vol. 26 Issue 27, p38 

    Reports the increasing sales income of specialty retailers Pier 1 Imports and Bombay Co. in Fort Worth, Texas. Efficiency of marketing campaign; Enhancement of product designs; Growth in bedroom and dining sales category.

  • Pier 1 on Road to Recovery with Gains in Comps? Sales and Profit for Quarter. Coral, Cecile B. // Home Textiles Today;4/12/2010, Vol. 31 Issue 10, p2 

    The article reports on the financial recovery attained by home furnishing firm Pier 1 Imports on Inc. in Forth Worth, Texas in 2010. It notes that the company earns 35 million dollar income, 396 million dollar sales and 30 cents per share for the fiscal year. According to Pier 1 chief executive...

  • Pier 1. Bombay see Oct. sales gains.  // Furniture/Today;11/11/2002, Vol. 27 Issue 10, p43 

    Reports on the financial performance of the Fort Worth, Texas-based furniture company, Pier 1 Imports Inc. for the year 2002. Sales revenue; Marketing and promotions; Business operations.

  • Pier 1 sales rise 12.8%, profits 6.3%.  // Furniture/Today;12/24/2001, Vol. 26 Issue 16, p30 

    Features the Pier 1 Imports Inc., a specialty retailer in Fort Worth, Texas. Company operations; Net income; Marketing strategies.

  • August results mixed for Bombay, Pier 1. Chamberlain, Janice // Furniture/Today;9/6/2004, Vol. 29 Issue 1, p39 

    Reports on the sales performance of Bombay Co. Inc. and Pier 1 Imports Inc. in Fort Worth, Texas. Comparable-store sales projected by Pier 1 chairman and CEO Marvin Girouard; Decline in the revenues of Bombay; Softness in demand experienced by the specialty retailer.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics