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Pier 1 Imports fires back at Alden

Oct. 18, 2016 5:56 PM ETBy: Clark Schultz, SA News Editor
  • Pier 1 Imports ([PIR) issues a letter to shareholders in response to recent demands from Alden Capital.
  • The company says it's making "significant progress" with its omni-channel strategy and doesn't think abrupt changes are needed.
  • Pier 1 is continuing with its search for a new CEO.
  • Previously: Alden hammers away at Pier 1 Imports (Oct. 14)
  • SEC Form 8-K

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