It’s no secret that COVID-19 has put a strain on local businesses and national chains alike. Everything from theaters to shopping centers has been impacted as people sheltered in place, staying home rather than going out.
Unfortunately, some businesses haven’t been able to weather the storm. Neiman-Marcus and J.C. Penney both filed for bankruptcy, and now, an old standby for home goods and housewares (we’ve always loved their kitchen items and Halloween decorations) has fallen.
It’s tragic, but true—we’ll soon be saying goodbye to Pier 1.
Why Is Pier 1 Closing?
Pier 1 filed for bankruptcy earlier this year. It also tried and failed to find a buyer for the business. Because of COVID-19, the chain will be closing all stores still remaining in the United States—not half of their stores, as was announced earlier in 2020.
You Can Still Shop at Pier 1, for a Limited Time
Although this is a huge bummer, there’s at least a small silver lining. Some Pier 1 stores will reopen on May 22 for going-out-of-business sales. You can still return items under the store’s 30-day return policy, as long as they weren’t bought during the going-out-of-business sale. (Those purchases are non-refundable.)
Oh, and if you’re not feeling like heading out to the store, Pier 1’s website is still up and will continue taking orders into July.
What About My Gift Card?
OK, here’s where things get a little tricky. If you currently have a Pier 1 gift card or loyalty reward points, they’ll still be good for the first 21 days after your local store reopens. If you buy a gift card, it’ll be accepted until 21 days after the store opens.
It seems that three weeks is the limit on these things; we’re pretty sure if you have any kind of Pier 1 credit, it’d be best to use it ASAP.
If this news has left a shiny, sophisticated hole in your heart, we have recommendations for other places to shop. Marshall’s just reopened its online store, and so did T.J. Maxx, so you don’t even have to leave the house to shop (and that’s the best way to buy stuff at a time like this).