A bankrupt home décor chain is making an online comeback.
Retail Ecommerce Ventures LLC (REV), which purchased the intellectual property, data and online-related assets of Pier 1 for $31 million in July 2020, is officially opening a new online store for Pier 1 Imports. Pier 1 closed its brick-and-mortar stores earlier this year in February.
The new Pier 1 site currently stocks hundreds of familiar SKUs in categories including holiday and seasonal, furniture, pillows and cushions, dining and entertaining, décor, lighting and candles, rugs, curtains, bed and bath, and outdoor. Pier 1 is exploring the addition of a wider array of product offerings.
Source: Chain Store Age
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 