Pier 1 Imports has announced the recall of 400,000 tea lights because the flame on the candle can burn too high and pose a fire hazard. [More]
We are living in difficult times for selling wicker furniture, it seems. Pier 1 lost $36.9 million in the third quarter — and is in danger of being delisted from the NYSE.
On Monday, a Pier 1 spokesman said in a statement the company was trying to stop TJX from interfering with Smith’s new employment agreement. Such threats were “improper,” said spokesman Tom Thomas, because the two companies are not competitors.
Retailers are getting stricter with their return policies this year. If you’re not hot about the Marshmallow Shooter or Toshiba SD-4990 DVD Player grams got you, keep the receipt and don’t take it out of the package. Here’s the return policies of some of the major retailers. — BEN POPKEN