![Pier 1 Plans To End All Retail Operations ASAP](http://townsquare.media/site/96/files/2020/02/pier-one1.jpg?w=980&q=75)
Pier 1 Plans To End All Retail Operations ASAP
Pier 1 imports has announced they plan to end all retail operations. The company has been struggling for months and announced in February they were filing for bankruptcy. That announcement came just a month after Pier 1 revealed they would be closing hundreds of stores in 2020. The Twin Falls store was to be one of the few stores remaining open after the announcement. Sadly, the impact of the coronavirus pandemic has made it necessary for the company to cease operations. The Pier 1 press release states the company plans to begin:
...an orderly wind-down of the Company’s retail operations as soon as reasonably possible after store locations are able to reopen following the government-mandated closures during the COVID-19 pandemic. As part of the wind-down, the Company intends to sell its inventory and remaining assets, including its intellectual property and e-commerce business, through the court-supervised process.
The company is still open for business through their website, pier1.com. Pier 1 plans to sell their assets once the pandemic makes it logistically possible. They had been searching for an investor to take over the brand and continue the business operations but that search yielded no buyer.
This might come as extra sad news for many Idahoans as Pier 1 imports was named as the favorite furniture store of the state earlier this year by HouseHunter using Google Trends data.
![98.3 The Snake logo](https://townsquare.media/wp-content/uploads/2019/05/KSNQFM.png?w=100)
KEEP READING: See the richest person in every state
More From 98.3 The Snake
![Idaho’s Favorite Furniture Store Just Filed For Bankruptcy](http://townsquare.media/site/96/files/2020/03/Fave-Furniture-Store-credit-HouseMethod.jpg?w=980&q=75)
![Hundreds Of Stores To Close As Pier 1 Imports Files Bankruptcy](http://townsquare.media/site/97/files/2020/02/pier-one1.jpg?w=980&q=75)
![Yellowstone Park Geyser Explosion Altered Shape Of Thermal Pools](http://townsquare.media/site/97/files/2024/07/attachment-yeelowstone.jpg?w=980&q=75)
![Growing This In Your Twin Falls Garden May Help With Chronic Pain](http://townsquare.media/site/97/files/2024/07/attachment-Untitled-design-2024-07-25T114402.299.jpg?w=980&q=75)
![Will The New #1 U.S. Fast Food Chain Expand To Twin Falls ID?](http://townsquare.media/site/97/files/2024/07/attachment-del-taco.jpg?w=980&q=75)
![Uptick In CA Republican Votes Expected In Nov; Support Expanding](http://townsquare.media/site/97/files/2024/07/attachment-Untitled-design-2024-07-24T133502.252.jpg?w=980&q=75)
![WATCH: California Sea Lion Body Slams, Makes Sushi Out Of Shark](http://townsquare.media/site/97/files/2024/07/attachment-Untitled-design-2024-07-24T093424.3101.jpg?w=980&q=75)