Pier 1 Imports Announces Growth Plans

Fort Worth, Texas-based Pier 1 Imports will launch a three-year growth plan in fiscal 2013. The new plan will include store refurbishments, remodels, new openings and strategic relocations. In fiscal 2012, the company refurbished 125 stores and fully remodeled three stores. During fiscal 2013, the company plans to fully remodel approximately six to eight locations, refurbish approximately 100 existing stores and integrate new merchandise fixture elements into many of its stores.