Bankrupt Pier 1 could not find a buyer during the coronavirus pandemic. Now it's asking the bankruptcy court to approve a complete liquidation of the chain. Nati Harnik/AP hide caption toggle caption Nati Harnik/AP Coronavirus Updates Home-Decor Retailer Pier 1 Looks To Close For Good May 19, 2020 • Three months after filing for bankruptcy, Pier 1 said it plans to liquidate as soon as it can reopen stores that have been closed because of the coronavirus pandemic.
