Will Pier 1 Close Their Idaho Stores?

We've watched store after store close around the country and it looks like Pier 1 is the next brick and mortar store to be affected. 

According to a CNN article on eastidahonews.com, Pier 1 shares have plummeted from $300 a share in 2015 to just $5 a share today. A potential bankruptcy was announced yesterday and the store confirmed that they will be closing around 450 stores across the country. That's nearly half of their stores! The company has also lost $59 million in the last year, which made the closures inevitable.

No word yet on what stores will close as a result, but I would not be surprised if the Meridian location off of Eagle Road is affected or the location near the Boise Towne Square Mall on Milwaukee. Pier 1 also has a location in Idaho Falls that could be affected.

I remember when I first got married, I loved Pier 1! It felt like a real grown-up store and although it was a bit pricey, you can find the coolest pieces for your home in that store.

If they decided to close up shop, I'll be sad to see them go, but admittedly I haven't shopped there in many years. Truth is, we have so many options with online shopping at our fingertips these days that it's hard for these types of stores to survive.