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Women Held 16% of Large Company CFO Jobs in 2022
And other compelling data points from the annual Crist Kolder Volatility report on executive jobs.
By
Vincent Ryan
| February 1, 2023
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Pier 1 Imports
Credit & Capital
Pier 1 to Liquidate After 58 Years in Business
"This is not the outcome we hoped for when we began [the Chapter 11] process, and we are deeply saddened to move forward with winding down Pier 1."
By
Matthew Heller
| June 1, 2020
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Credit & Capital
Pier 1 Files Chapter 11, Plans Sale of Company
The filing is "intended to provide Pier 1 with additional time and financial flexibility" as it looks for a buyer.
By
Matthew Heller
| February 18, 2020
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Financial Performance
Pier 1 Shares Plunge as Quarterly Loss Doubles
The struggling retailer is expecting same-store sales and gross margin to start improving in the fourth quarter.
By
Matthew Heller
| September 26, 2019
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People
Pier 1 Appoints New CFO and President
The retailer announced a number of management changes following a stock split as it seeks to retain its listing on the NYSE.
By
Lauren Muskett
| July 19, 2019
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Financial Performance
Pier 1 Stock Plunges as Sales Slump Continues
The retailer is also closing a dozen more stores and could eventually "close up to 15% of our portfolio” of 967 stores.
By
Matthew Heller
| June 28, 2019
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People
Pier 1 Imports Hires Turnaround Expert as CFO
Deborah Rieger-Paganis says she is "committed to instilling financial discipline across the organization as we work to drive a successful turnaround."
By
Matthew Heller
| April 18, 2019
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Mergers & Acquisitions
Pier 1 Counters Hedge Fund With Poison Pill
The retailer follows Alden Global's purchase of a 9.5% stake with a plan to protect shareholders from “coercive or unfair” tactics.
By
Matthew Heller
| September 28, 2016
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Strategy
Pier 1 to Miss Earnings; CFO Replaced
“It is now clear that our call that the ‘worst was over’ for Pier 1 was premature,” wrote one equity analyst.
By
Katie Kuehner-Hebert
| February 12, 2015
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