About Pier 1 Imports
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Thank you for your interest in Pier 1 Imports. We began our company in 1962 with a single store in San Mateo, California. Since then we have grown to more than 1,000 locations companywide. In this section, we have included corporate information that details Pier 1 Imports’ more than 50 years of experience as the original global importer of imported decorative home furnishings and gifts. We hope that you find this information useful and informative, and we look forward to seeing you soon.
About Our Company
Pier 1 Imports is dedicated to offering customers distinct home furnishings and décor at a good value. Our merchandise is a constantly evolving assortment based on customers’ lifestyles and relevant home trends. We are a socially conscious company that conducts business with personal and professional integrity. We employ committed, caring associates whose first priority is responding to the needs of our customers. Pier 1 Imports is a publicly owned company that is traded on the New York Stock Exchange under the trading symbol PIR. Our fiscal year begins in March and extends through February. We utilize 5-4-4 (week) quarterly accounting periods with the fiscal year of 52 weeks ending on the Saturday nearest the last day of February.
Pier 1 Imports Stores
Pier 1 Imports operates more than 1,000 Pier 1 Imports stores in North America today, including stores in all 50 states and across Canada. Pier 1 Imports also offers products at select Sears de Mexico “boutique locations” in Mexico. Each store team is comprised of knowledgeable, friendly associates led by experienced management eager to help all of our customers with their home décor needs. Currently, we employ approximately 22,200 people worldwide.
Our merchandise assortment ranges from home accessories such as candles, vases and picture frames to full-sized, upholstered furniture, hand-carved armoires, large-scale vases and eclectic wall decor. From initial product development to store display, our Pier 1 Imports merchandise makes a long and interesting journey. The process begins with our buyers, who import goods from many countries around the world. All merchandise is carefully selected in order to offer our customers exclusive, one-of-a-kind products that reflect excellent quality at a great value. Our buyers also work with designers abroad and with Pier 1 Imports’ Trend and Product Development team to create the proprietary designs found in our stores. The Trend and Product Development team focuses on forecasting merchandise trends and developing product design. Pier 1 Imports’ Visual Merchandising team works to create merchandise displays that appeal to Pier 1 Imports customers through easy-to-navigate store layouts and idea-generating vignettes.
Pier 1 Imports executive management team:
- Alexander W. Smith, President and Chief Executive Officer
- Charles H. Turner, Senior Executive V.P. - Chief Financial Officer
- Michael R. Benkel, Executive V.P. - Planning and Allocations
- Catherine David, Executive V.P. - Merchandising
- Gregory S. Humenesky, Executive V.P. - Human Resources
- Eric W. Hunter, Executive V.P. - Marketing
- Sharon M. Leite, Executive V.P. - Sales and Customer Experience
- Michael A. Carter, Senior V.P. - Compliance and General Counsel, Secretary
- Laura A. Coffey, Senior V.P. - Planning