Cedar Rapids Pier 1 to close - KWWL - Eastern Iowa Breaking News, Weather, Closings

Cedar Rapids Pier 1 to close

CEDAR RAPIDS (KWWL)- Pier 1 Imports announced it will be closing its doors at its Cedar Rapids locaton on February 20th

The Texas based company posted a loss of more than ten million dollars and a sales decline of almost 18 percent in the third quarter.

Company spokesperson Whitney Rogers issued this statement:

"Pier 1 continually reviews new and existing store locations, to make sure we're operating as efficiently as possible. Where necessary, based on that review, we are making the strategic business decision to close certain locations. We disclose store closings on a case-by-case basis as they occur throughout the fiscal year."

Twelve employees currently work at the Pier 1 in Cedar Rapids.  Rogers says the company will make every effort to place employees in surrounding store locations.

Pier 1 also has stores in Marion, Waterloo and Dubuque... there have been no closing announcements for those stores at this time.

Online Reporter:  Jason Epner

 

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