What is Pier One?
Pier One or Pier 1 Imports Incorporation is the leading home furnishing retailer in United States. It is involved in business of furniture, decorative accessories and other furnishing items. The Company is listed on New York Stock Exchange. Pier One was founded in 1962 in San Mateo, California. Currently, The Company is headquartered in Fort Worth, Texas. It has approximately 17,000 employees and has Revenue of US$1.86 billion. Pier One operates More Than thousand stores across North America. It has also operations in Mexico. The company had also started Pier 1 Kids to provide kid's furniture and accessories. It had closed this brand in September 2007. Pier One was also a member of the S&P MidCap 400 list for the short period of time. The Company also operated a home decor chain in United Kingdom under the name of 'The Pier'. That chain had forty stores and was acquired by Palli Limited in March, 2006. Pier One has set up partnership with US Fund for UNICEF in 1985 and has gained more than $32.2 million through UNICEF greeting cards, emergency relief for Haiti and Iraq and Indian Ocean tsunami.