Question: Pier1 ( https://www.pier1.com/ Links to an external site. ) is a retailer selling furniture and decorative items. As a customer, I remember that pre-[COVID-19]-pandemic, each
Pier1 (https://www.pier1.com/Links to an external site.) is a retailer selling furniture and decorative items. As a customer, I remember that pre-[COVID-19]-pandemic, each store used to offer a wide range of items at Pierr1's small boutiques. Items were slightly pricey but I liked the stores because I could find new items (that I wouldn't search for otherwise), and each store had a warm and happy atmosphere encouraging customers to walk. Unfortunately, like many similar businesses, Pier1 had to file for bankruptcies on March 2020. What do you think was Pier1's supply chain strategy pre-pandemic, and why it failed?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
