Business & Tech
Pier 1 Announces 450 Store Closures: Oceanside Location Uncertain
There's a Pier 1 store in Oceanside at 2555 Vista Way.
OCEANSIDE, CA — Pier 1 Imports announced this week it intends to reduce its store footprint by up to 450 locations and it will close certain distribution centers. The company also said there will be layoffs at the corporate level.
Pier 1's business update came as part of its financial results for the third quarter ended Nov. 30, 2019.
There's a Pier 1 store in Oceanside at 2555 Vista Way. Details on closure locations have not yet been disclosed.
Find out what's happening in Oceanside-Camp Pendletonfor free with the latest updates from Patch.
"Although decisions that impact our associates are never easy, reducing the number of our brick-and-mortar locations is a necessary business decision. We thank our team of hard-working associates for their commitment to Pier 1 and to serving our customers," said Robert Riesbeck, Pier 1's chief executive officer and chief financial officer.
To help manage the store closings, the company is using the services of a third-party liquidator.
Find out what's happening in Oceanside-Camp Pendletonfor free with the latest updates from Patch.
Last fall, Pier 1 announced up to 145 store closings were possible in coming months.
Founded with a single location in 1962, Pier 1 Imports currently operates 936 stores in the U.S.
These are the Pier 1 locations in San Diego County:
- Carmel Mountain: 12004 Carmel Mountain Road
- Chula Vista: 1830 Main Court
- Eastlake: 878 Eastlake Parkway
- Encinitas: 1022 North El Camino Real
- Escondido: 1272 Auto Parkway
- La Jolla: 8657 Villa La Jolla Drive
- La Mesa: 5500 Grossmont Center Drive
- Mission Valley: 5171 Mission Center Road
- Oceanside: 2555 Vista Way
- Santee: 9820 Mission Gorge Road
Patch editor Toni McAllister contributed to this story.
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