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Pier 1 Imports to close up to 450 stores

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Pier 1 Imports announced plans to shutter up to 450 of its 942 stores.

“Although decisions that impact our associates are never easy, reducing the number of our brick-and-mortar locations is a necessary business decision," Pier 1 CEO and Chief Financial Officer Robert Riesbeck said in a news release.

The list of closing stores was not immediately available.

Read more from USA Today.

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