Pier 1 Imports
CRE Intelligence
Company Information
About Pier 1 Imports
Pier 1 Imports is an established American retailer best known for its selection of imported home furnishings and décor. The company was founded in 1962 in San Mateo, California, and quickly grew into a national presence, relocating its headquarters to Fort Worth, Texas. Throughout the 1990s and early 2000s, Pier 1 became a familiar name in both suburban and urban shopping centers, offering distinctive furniture and decorative items sourced from around the world. At its peak, the brand operated more than 1,000 stores across North America, capitalizing on the growing demand for unique and affordable home décor.
A pivotal moment in Pier 1’s history came in early 2020, when the company filed for bankruptcy and announced the closure of all its physical stores. This marked the end of its role as a retail tenant and a significant shift in its business model. In July 2020, Retail Ecommerce Ventures acquired the brand and its assets, steering Pier 1 into a fully digital future.
As of November 2025, Pier 1 Imports operates exclusively online, with no brick-and-mortar stores and no plans for new retail locations or real estate expansion. The company continues to serve customers nationwide through its website, maintaining its focus on furniture, décor, lighting, and seasonal products that reflect its signature curated style. While Pier 1’s real estate footprint is now limited to its corporate office in Fort Worth, its legacy as a former anchor tenant and its longstanding brand recognition remain notable within the commercial real estate community. The transition from a major physical retailer to an online-only brand mirrors broader shifts in the retail sector, underscoring the impact of changing consumer preferences and the rise of e-commerce.
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