Pier 1 is a 'dumpster fire' and it's fighting for its survival

Pier 1's market value has been almost completely wiped out over the past five and a half years, falling 97% since 2013. Analysts say the outlook is discouraging. Of the few surveyed by Bloomberg who cover the name, none rate the stock a "buy," two carry a "sell" rating, and four say "hold." Analysts say a combination of overwhelming store environments, offerings that don't reflect the…

Pier 1 is a 'dumpster fire' and it's fighting for its survival
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