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Pier 1 Imports plans to close up to 450 locations, nearly half of its stores. “Although decisions that impact our associates are never easy, reducing the number of our brick-and-mortar locations is a necessary business decision,” Pier 1 CEO and Chief Financial Officer Robert Riesbeck said in a new release. There are many Pier 1 stores in and around the Tampa Bay area and there is no word on how many of those are being closed yet.