Pier 1 imports are shielding even more stores in 2019.
An official spokesman for the popular residential furniture retailer announced this week that the company will close 57 more stores this year – 12 more than what was first planned – as part of their strategy to reverse the brand's revenue.
The further closure and revocation plan comes as a result of several poor quarterly earnings reports and the ongoing US-China trade war.
"We have taken steps to reduce our exposure to China since last year, by leveraging the strength of our global sourcing team," interim CEO Cheryl Bachelder said in a earnings figure this week. has reviewed our selection and carried out price increases to reduce part of the tariff increases. "
RELATED: Look at all dealers who filed bankruptcy in 2018:
17 PHOTO [19659008] All dealers who granted bankruptcy in 2018
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Gaci
Women's Clothing and Accessories Dealer Gaci filed for bankruptcy in Chapter 11.
Photo Credit: Getty
Kiko USA
Cosmetics Dealer Kiko USA Inc filed for Chapter 11 Bankruptcy Protection in January.
Photo Credit: Getty
Tops Markets
Tops Markets runs 174 supermarkets – called Tops Friendly Markets.The company filed for bankruptcy protection in February
Photo Credit: Getty
Bon-Ton Stores
Bon-Ton's owner several warehouse chains, including Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's, and Younkers, filed for bankruptcy in February.
Photo Credit: Getty
Remington Outdoor
Remington filed for Chapter 11 k exchange protection in March.
Photo Credit: Getty
The Walking Company
The shoe seller The Walking Company, which runs 208 stores in the United States, is filed for Chapter 11 bankruptcy protection in March.
Photo Credit: Getty
Claires
The jewelery chain Claire was filed for bankruptcy in March.
Photo Credit: Getty
Southeastern Grocers
Southeastern Grocers, the parent company of the grocery chains Winn-Dixie, Harveys and Bi-Lo, filed for Chapter 11 bankruptcy protection in March.
Photo Credit: AOL
] Nine West
Nine West Holdings filed for bankruptcy in April.
Photo Credit: Getty
Bertucci s
Italian casual-dining chain Bertucci is filed for Chapter 11 bankruptcy protection in April.
Photo Credit: AOL [19659040] Rockport
The footwear was filed for Chapter 11 bankruptcy protection in May.
Photo Credit: Getty
National Stores
The owner of the Fallas chain of discount stores submitted for bankruptcy in August.
] Photo Credit: Facebook
Brookstone
Brookstone filed for Chapter 11 bankruptcy protection in August.
Photo Credit: Getty
Samuels Jewelers
Samuels Jewelers filed for Chapter 11 with an agreement on bankruptcy financing in August.
Photo Credit: Facebook
Toys R Us
Toys R Us filed for bankruptcy in September.
Photo Credit: Getty
Mattress Company
Mattress Company filed for bankruptcy in October.
Photo Credit: PA
Sears
Sears filed for bankruptcy in October.
Photo Credit: PA
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If the chain's revised approach fails, Bachelder will note that they can take additional measures.
"If we fail to achieve our performance goals, sales goals and reductions in occupations and other costs, we can close up to 15% of our portfolio," she said.
Pier 1 has 967 stores left.
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