Closure News

5 Dallas-Fort Worth locations of Pier 1 Imports will close in bankruptcy

Pier 1 was the hot place for pretty pillows.

Photo by Pier 1

After many efforts to stay afloat, Fort Worth-based Pier I Imports has thrown in the embroidered towel and filed for Chapter 11 bankruptcy.

The home furnishings chain said in a release that it filed for bankruptcy in the U.S. Bankruptcy Court in Richmond, Virginia, and is officially for sale. The company is entertaining offers from multiple potential buyers who may acquire them out of bankruptcy.

Meanwhile, they'll close up to 450 stores, including all of its stores in Canada.

A company spokesperson would not confirm the closures, but USA Today magically has a list of 300 stores set to shutter, including 20 stores across Texas.

That includes 5 in the DFW area as follows:

Amarillo: 8511 West Interstate Highway 40
Arlington: 4145 South Cooper St.
Arlington: 780 Road to Six Flags St. East.
Burleson: 1107 N Burleson Blvd.
College Station: 1424 Texas Ave. South
Denton: 1800 S. Loop 288.
El Paso: 8889 Gateway Blvd. W.
Galveston: 6228 Broadway St.
Georgetown: 1019 West University Ave.
Houston: 110 Meyerland Plaza Mall.
Houston: 17725 Tomball Parkway
Houston: 2501 Rice Blvd.
Houston: 6815 Highway 6 N.
Irving: 7805 N MacArthur Blvd.
Lewisville: 500 E. Round Grove Road
Longview: 307 West Loop 281
Pasadena: 5660 Fairmont Parkway
Pearland: 3113 Silverlake Village Drive
San Antonio: 11625 Bandera Road
Wichita Falls: 4400 Kemp Blvd.

The closures will be staggered over the next few months, with some stores such as the location in Irving, closing at the end of February, and others closing later in the spring. Sales have already started at all of the stores that are closing.

According to CNBC, they're also closing two distribution centers.

The closures were initially announced in January, although the locations were not identified at that time. It represents about half of their total number of stores.

closings

Closure News

American Freight furniture chain to shut down 2 Fort Worth-area stores

American Freight

There's a big sale going on at American Freight.

There's a huge sale on furniture going down right now, but for a sad reason: American Freight, a chain of furniture stores operating in dozens of states, is permanently shuttering all 328 locations, due to “sustained inflation and macroeconomic challenges,” according to its parent company.

That includes two Fort Worth-area stores, part of seven stores overall in the Dallas-Fort Worth.

The closing comes after its parent company, Franchise Group, Inc., filed for bankruptcy protection, according to documents filed in the U.S. Bankruptcy Court in Delaware.

Store closing sales began on November 5, both online and at its 328 locations. Hilco Consumer-Retail is managing these sales for American Freight as the business winds down its operations nationwide. Significant discounts are being offered on the brand's full assortment of inventory.

Shoppers can save up to 30 percent off the lowest ticketed prices storewide. Available items include living room sets, bedroom furniture, dining tables, and a selection of scratch & dent and new in-box appliances, such as refrigerators, washers and dryers.

New inventory is arriving and expected to move quickly, so customers should take advantage of this prime opportunity to enjoy exceptional deals before it's too late.

"Our goal is to deliver outstanding value to customers during this full chain closing sale," said Ian Fredericks, CEO of Hilco Consumer-Retail. "Everything is on sale and must be sold, and we recommend shopping early for the best selection."

During the store closing sales, select American Freight financing and delivery services will remain available to customers, presenting a unique opportunity to shop exceptional discounts with the convenience of flexible payment and home delivery.

The chain has 39 stores in Texas, including 7 in DFW and two in Tarrant County, all closing as follows:

401 Southwest Plaza, Ste 105, Arlington
1265 Town Square Dr, Fort Worth
1825 Westpark Dr Grand Prairie
2964 W Wheatland Rd, Dallas
109 N Greenville Ave, Allen
1215 Marsh Ln, Carrollton
1418 N Town East Blvd, Mesquite

Sale Details
They're offering up to 30 percent off the lowest ticketed prices on furniture, scratch & dent, and new in-box appliances. Discounts are valid in stores and online. All sales are final, of course. Shop now for the best selection while supplies last.

closings