Pier 1 Imports
Jeffries said that in 2018, it would be a “heavy investment year” for Pier 1, as it “sourcing, merchandising, pricing, marketing, store ops, e-com, and supply chain,” he said. In the first quarter of 2018, net sales dropped by 9.2%. Her amount of credit also reduced. We’re positive it was even more so when Trump imposed a 10% tax on Chinese goods. Moreover, more than half of its products are manufactured there!
Pier 1
Lands’ End
This store is primarily devoted to luggage, home furnishings, and clothing. Sears seems to be the root cause of his problems. Sears intended to go in a new direction in 2013. Although items in the store are selling well, former CEO Federica Marchionni made some wrong appeals. Furthermore, she introduced a trendy and youthful brand called Canvas but could not entice the target customer.
Lands’ End
