Business

Newtown Twp. Pier 1 Imports Remaining Open


The Newtown Township Pier 1 Imports location. Credit: Google Maps

The Newtown Township Pier 1 Imports store is not among ones that will be closing.

The Texas-based home goods chain will keep open the store at Court at the Village At Newtown Shopping Center.

Not far away, the Falls Township Pier 1 Imports location will be closing along with the Lower Southampton store.

No closing date was released by the company.

Earlier this month, the Texas-based company announced they would close around half their stores due to shrinking sales amid a changing retail environment.

The company announced they also plan to close  close distribution centers and reduce corporate expenses.

Pier 1 CEO and CFO Robert Riesbeck said the a third-party liquidator will manage the store closings.


About the author

Tom Sofield

Tom Sofield

Tom Sofield has covered news in Bucks County for five years for both newspaper and online publications. In 2012, Tom was honored at the Pennsylvania Newspaper Association Foundation's Keystone Press Awards for his coverage of President Obama's visit to Falls Township in 2011. When he's not covering news in the area, Tom enjoys checking out the newest restaurants and bars, exploring forgotten places of industry in the area, going to local parks and spending time with his friends and family. If there's one thing you should know about Tom, he is a local news junkie through and through. Email: tom@newtownpanow.com Phone: 215-431-1001