Streaming Delayed Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(PIR) Community Analysis from
April 20, 2014
(Samurai Trader, 10/6/12)
 Overall the leadership list was about even, with roughly the same number of advancers and decliners. PIR was the biggest advancers, and was on it's way to a weekly decline before abruptly reversing and making...(read more)
(Samurai Trader, 1/5/12)
 These are the industries with 80% or more of their stocks advancing today.  These are the industries with 10% or more of their stocks making new highs. Emphasizing once again the lack of...(read more)
Pier 1 Imports (ticker: $PIR) reports earnings before the bell Thursday morning. Coming into this event the price action has been in a bull flag for over a month after a move higher off of the consolidation established through February and March. A lo...
Pier 1 Imports (PIR) Company Overview

Pier 1 Imports (NYSE: PIR) sells moderately priced, imported home furniture which it sells through its chain of retail stores. Revenue comes from sales of furniture (40% of 2009 sales)[1] and decorative home items (60% of 2009 sales)[1], including floor lamps, vases, candles, and gifts.

The company faces increasing competition from mass retailers. Companies like Wal-Mart and Target are able to lure away some PIR's more price sensitive customers by offering lower prices.[2][3] Unable to effectively compete with the mass discounters, Pier 1 attempted to reposition itself as a vendor of more modern merchandise by substituting leather and metal furniture for its more traditional items. The goal of this strategy was to introduce more appealing merchandise while appealing to a higher income demographic.

(Read more at Wikinvest )

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