Pier 1 Imports, With 32 NC Stores, Closing Up To 450 Locations

MOORESVILLE, NC — Pier 1 Imports, which has at least 32 locations on North Carolina, including one store in Mooresville, is closing hundreds of stores, the company announced Monday. The retail chain said up to 450 locations — about half of its total — would be closed to “better align its business with the current operating environment.”

The company plans to close certain distribution centers and lower its corporate spending, as well as lay off workers at the corporate level.

The home furnishing store is using a third-party liquidator to help with the closings, noting that its lenders signed off on its plan to reduce its brick-and-mortar footprint.

Robert Riesbeck, CEO and CFO of the retail chain, thanked store workers for their hard work and commitment to serving customers.

“Although decisions that impact our associates are never easy, reducing the number of our brick-and-mortar locations is a necessary business decision,” he said in a statement.

The planned closures come as the company deals with less foot traffic.

Net sales for the third quarter plummeted more than 13 percent to $358.4 million. That number was $413.2 million in the same quarter for the previous fiscal year. Company comparable sales fell more than 11 percent compared to the same period a year ago.

Here are the locations for North Carolina:

• 598 River Highway, Mooresville, NC
• 8805 Townley Road, Huntersville, NC
• 8080 Concord Mills Rd., Concord, NC
• 4729 South Blvd., Charlotte, NC
• 5335 Ballantyne Commons Pkwy., Charlotte, NC
• 13540 Hoover Creek Blvd., Charlotte, NC
• 2315 Matthews Township Parkway, Matthews, NC
• 3734 East Franklin Blvd., Gastonia, NC
• 100 River Hills Road, Asheville
• 4 McKenna Road, Arden, NC
• 88 Highland Square Drive, Hendersonville, NC
• 1844 Catawba Valley Blvd., Hickory, NC
• 3116 Northline Ave., Greensboro, NC
• 1210-C Bridford Parkway, Greensboro, NC
• 1389 Boone Station Drive, Burlington, NC
• 1026 Hanes Mall Blvd., Winston-Salem, NC
• 6807 Fayetteville Rd., Durham, NC
• 8391 Brier Creek Parkway, Raleigh, NC
• 2108 Village Market Place, Morrisville, NC
• 152 Grand Hills Place, Holly Springs, NC
• 1819 Walnut St., Cary, NC
• 9 Pinecrest Plaza, Southern Pines, NC
• 436 Daniels St., Raleigh, NC
• 5900 Poyner Anchor Lane, Raleigh, NC
• 230 Shenstone Blvd., Garner, NC
• 575 Cross Creek Mall, Fayetteville, NC
• 1472 Jeffreys Road, Rocky Mount, NC
• 714 SE Greenville Blvd., Greenville, NC
• 3741 Oleander Drive, Wilmington, NC
• 6885 Main Street, Wilmington, NC
• 2033 S. Glenburnie Road, New Bern, NC
• 5218 A Hwy 70 West, Morehead City, NC

Last fall, Pier 1 announced up to 145 stores closings were possible in coming months.

Founded with a single location in 1962, Pier 1 Imports currently operates 936 stores in the United States.

Patch has reached out to the company for a list of stores closing and will update when we hear back.

Patch reporter Dan Hampton contributed to this report.