Pier 1 Imports

Fort Worth-based home goods retailer Pier 1 Imports announced Tuesday that it filed a motion seeking bankruptcy court approval to begin “an orderly wind-down of the company’s retail operations” and to liquidate all assets due to economic stress brought on by the pandemic coupled with the inability to find a buyer.

In a somewhat expected move, Fort Worth-based Pier 1 announced Monday that it began Chapter 11 bankruptcy proceedings and is pursuing a sale of the company.