Pier 1 Imports Inc. (PIR) - NYSE
  • Jan. 5, 2015, 8:50 AM
    • The PetSmart LBO strategy could be utilized again in the retail sector amid the current low interest rate environment, note analysts.
    • Bloomberg picks some top candidates to see a LBO play this year.
    • GameStop (NYSE:GME): Valuation has been driven down to a level that could attract P-E firms.
    • Bed Bath & Beyond (NASDAQ:BBBY): Spinoff opportunities and a lagging stock price make BBBY a LBO natural, note sector watchers.
    • Pier 1 Imports (NYSE:PIR): A buyer would have plenty of opportunities to cut costs and set a turnaround strategy.
    • Dick's Sporting Goods (NYSE:DKS): Perhaps the surprise in the bunch, but analysts see upside potential in a LBO scenario as a shift in focus is enacted.
    • Previous on LBOs in retail: Retail trends to watch
    | Jan. 5, 2015, 8:50 AM | 5 Comments
  • Dec. 30, 2013, 10:26 AM
    • Bob's Discount Furniture changes P-E hands, going to Bain Capital from Apax Partners.
    • A deal for the furniture store chain is believed to be in the neighborhood of $350M.
    • The company is in an aggressive expansion mode and in some markets competes with La-Z-Boy (LZB +0.7%), Tempur Sealy (TPX +0.4%), Bassett Furniture (BSET -0.2%), Ethan Allen (ETH -0.3%), and Pier 1 Imports (PIR -0.3%).
    | Dec. 30, 2013, 10:26 AM | 1 Comment
Company Description
Pier 1 Imports, Inc. manufactures, markets and distributes home furnishings accessories. It directly imports merchandise from many countries, and sells decorative accessories, furniture, candles, housewares, gifts and seasonal products in its stores and through the company's website, Pier1.com.... More
Sector: Services
Industry: Home Furnishing Stores
Country: United States