Image of Pier 1 Imports in Fresno via Google Maps.
Written by
Unable to find a buyer for the home goods provider, Pier 1 Imports has asked a bankruptcy court to allow it to permanently close all of its 540 stores, including those in Fresno and Clovis. Its Visalia location is already closed.
The retailer requested to hold going-out-of-business sales once shelter-in-place orders are lifted and its stores are allowed to operate, according to a press release from the company. Goods are still being sold on its website.
Lenders to the company extended it $40 million to allow it to operate until it can liquidate its assets.
The company had failed to find a buyer after entering bankruptcy protection in January. The Visalia location shut its doors for good in a round of closures in 2019.
Related Posts
-
Next-gen for Fresno State: Valley Children’s Stadium to feature new AstroTurf series Posted: April 4, 2025 at 3:48 pmFresno State Athletics has announced a full turf replacement at
Read more » -
Buchanan grad shoots for $10K prize in Sacramento Kings tech competition Posted: at 3:32 pmA Buchanan graduate and business major is making a splash
Read more » -
Porterville parks benefit from TLC, millions in grants Posted: at 1:32 pmThe City of Porterville broke ground Thursday on a new
Read more » -
BLOG: Fresno EDC’s 20th real estate forecast to feature challenges, opportunities ahead Posted: at 12:03 pmThe Fresno County Economic Development Corporation (EDC) invites you to
Read more »
Central Valley Biz Blogs
-
BLOG: Fresno EDC’s 20th real estate forecast to feature challenges, opportunities ahead
Posted: at 12:03 pm
The Fresno County Economic Development Corporation (EDC) invites you to
Read more » -
BLOG: CEQA’s time has come. A Sacramento Dem takes aim for housing
Posted: April 1, 2025 at 2:06 pm
Incremental housing development — dividing a single-family home into a duplex
Read more »
