LIHUE Kauai is going to be minus one more home décor store as Pier 1 Imports prepares to close its doors.
LIHUE — Kauai is going to be minus one more home décor store as Pier 1 Imports prepares to close its doors.
Employees at the store confirmed Tuesday Pier 1 Imports is closing, but said they didn’t know the exact date.
Located at Kukui Grove Center, the store opened in 2014, replacing Borders Books & Music. Currently, it’s holding down the building across from the old Kmart with businesses like Great Harvest Bread.
At a September conference, the Texas-based Pier 1 Imports announced it would be closing at least 70 stores nationwide in this fiscal year, citing financial problems like a 14.3% drop in second-quarter net sales.
Oahu’s Pier 1, the Kapolei Commons store, is set to close on Dec. 31.
More could be on the chopping block — as many as 140 stores nationwide if the company is unable to increase sales and reduce costs.
There are more than 965 Pier 1 Import stores in the U.S. and Canada, according to the company website.
Pier 1 Imports did not immediately respond to requests for a closure date or requests for the number of employees that will lose their jobs when the Kauai store closes.
