As Retail's Old Line Collapses, Miami Developer Targets Creative Retail, Affordable Housing
The hits keep happening in traditional retailing, and not in a good way. Pandemic-forced store closures have helped push troubled retailers like Pier 1 (OTCMKTS: PIRRQ) over the edge.
The iconic purveyor of home goods was already in bankruptcy when it asked a judge last week to let it close its remaining 500 stores and shut down for good.
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