Entries tagged "Cost Plus"
Troubled home furnishings retailer Cost Plus Inc.'s president and chief executive officer Barry Feld acknowledged that the struggling company may very well be a target for acquisition as its market capitalization continues to recede, but he said the company's recent turnaround moves are designed to keep it independent. ...
The Street should be renamed the Sea as its recent turbulent nature has more than likely stricken its passengers with a serious case of collective seasickness. ...
It looks like Pier 1 Imports Inc. has decided Cost Plus Inc. is too costly, so the housewares retailer has withdrawn its unsolicited $88 million bid to acquire its rival. ...
Will home furnishings retailer Pier 1 Imports Inc. go hostile with its unsolicited $88 million bid for rival Cost Plus Inc.? If you read between the lines, it seems likely. ...
Even though the two retailers are struggling, Cost Plus Inc.'s board rejected Pier 1 Imports Inc.'s buyout offer. Pier 1, the retailer best known for its wicker furniture, proposed to acquire rival Cost Plus -- think Pier 1 meets Trader Joe's -- in an all-stock transaction valued at about $4 per share, or $88 million. - Maria Woehr...
Home furnishing department store Pier 1 Imports Inc. has been restructuring over the last two years in an attempt to bring itself back to profitability. But it looks like its latest addition of competing home furnishing store Cost Plus Inc. on Monday is equivalent to a botched home improvement project that only portends to bring bigger future troubles....
