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From Home Furnishing Business

Pier I CEO Steps Down

Pier 1 Imports (NYSE: PIR) has announced its CEO Alasdair James has stepped down amid the company’s declining sales, according to a report from Reuters.

Cheryl Bachhelder has been appointed interim CEO, effective immediately.

The company also reported a 12 percent decline in net sales for the third quarter at $413.2 million.

Read the report here.







b i u quote


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