Pier 1 Imports filed for Chapter 11 bankruptcy protection in February and now plans to close all its stores.
The company said in its court filing that if its order is approved it will accept returns for the first 30 days from the date it is approved “so long as the return is otherwise in compliance with the Debtors’ return policies in effect as of the date such item was purchased.”
Returns of items sold in the liquidation sale of the company’s initial closing stores will not be accepted.Pier 1 has proposed that valid gift certificates, gift cards, and loyalty certificates issued previously will be accepted for 21 days from when the order is approved on its website. Then the gift cards and certificates would be accepted for the first 21 days “from the date of the reopening of any store” for in-person purchases only.
After the 21 days, they will not be accepted and “deemed to have no remaining value,” according to the court filing.
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