When you can’t win playing by the rules, it’s time to change the rules. In the case of debt ridden publicly held retailers, innovation is one of the most effective “rule changers” available.
On the heels of a disappointing fourth quarter, Pier 1 Imports unveiled a three-year plan to improve its business in the long-term. It also said it is ceasing its dividend payments.
The nation’s largest retailer of recreational vehicles and related accessories, along with maintenance and repair services, continues to build out its portfolio.
On the afternoon of May 29, Starbucks will close all of its company-owned U.S. stores and corporate headquarters for a training program designed to address racial bias.
