Pier 1 Imports to become a web-only business

The bankrupt home goods retailer — which revealed in May it was closing all of its 540 stores nationwide after 58 years in business — has sold the rights to its brand for $20 million to Retail ECommerce Ventures, a firm that bought the Dressbarn brand last year.

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Bankrupt Pier 1 becomes a walking zombie

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Pier 1 Imports to become a web-only business

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