Update 5/30/20: A judge has approved the request by Pier 1 Imports for them to go into liquidation. They’re expecting the process to be finished in October, but if you have any of their gift cards, you’ll want to redeem them sooner rather than later seeing as the best products/discounts will sell out quickly if they drop the price low enough.
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Pier 1 Imports filed for bankruptcy protection in February 2020, but that’s sadly not gone as well for them as they’d hoped. They’re now seeking approval from court to end the business and close all of their stores.
Needless to say, if you still have any Pier 1 Imports gift cards on hand, you’ll want to redeem them for personal use online or sell them off on the cheap before they become completely worthless.
h/t reader EW