Pier 1 Granted Restraining Order Against TJX

February 13, 2007  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on February 2007 Fort Worth-based Pier 1 Imports was granted a temporary restraining order against The TJX Cos. to prevent TJX from filing any judicial proceeding or lawsuit against Alex Smith, other than making a claim for arbitration with the American Arbitration Association.

Smith has been named as the successor to Marvin Girouard, who is retiring as chairman Monday. Pier 1 had alleged that TJX was interferring with Smith’s hiring by Pier 1 as its top executive.