- Pier 1 Imports, a major home goods retailer, is struggling and closing up to 450 of its 942 stores.
- Ross Stores sells home goods in addition to clothes, shoes, and accessories.
- We visited a Ross store in Davie, Florida and a Pier 1 Imports in New York City to see how they compared for home-goods shopping.
- While Ross was clearly messier, it was also the better store for home goods, from price to quality.
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Pier 1 Imports, once a leader in the home goods sector, is struggling.
The company announced earlier this month in an earnings report that it plans to close up to 450 of its 942 stores, which could impact thousands of employees’ jobs.
We visited a New York City Pier 1 Imports store over the summer and were impressed with the quality offerings and charming store layout. However, it was clear why the company has been struggling to compete with other discount home-goods chains.
Ross Stores is an off-price retailer that sells a variety of home goods in addition clothes, shoes, and accessories. The company has a history of posting strong sales and reported an 8% rise in third-quarter sales to $3.8 billion in November.
We also visited a Ross store in Davie, Florida and compared it to our experience at Pier 1 Imports. While Ross was clearly messier, it was also the better store for home goods, from price to quality.
Here was our experience: