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Pier 1 Imports
built 201 days ago
The largest of four distribution centers built by Bob Moore Construction, Inc. for Pier 1 Imports is the Baltimore, Maryland facility. Tilt-up construction allowed this project to be constructed on a negotiated, fast track basis in order to meet Pier 1's critical deadlines. While referred to as the "Baltimore Distribution Center" the facility is actually located in Aberdeen, Maryland and features 30' clear heights and ESFR fire protection system in the warehouse area. This allows for high stacking without the use of in-rack sprinklers. Pier 1's largest single distribution center, this building covers 639,000 square feet, the equivalent of 13 football fields. Located on both sides of the building are 78 loading docks, allowing shipping on one side and receiving on the other.
AMR Corporation (parent company of American Airlines), Burlington Northern Santa Fe Corporation, Radio Shack, and Pier 1 Imports are based in Fort Worth. id Software is based in Mesquite. ExxonMobil, Kimberly-Clark, Michael's Stores, and Zale Corporation are headquartered in Irving. Electronic Data Systems, Frito Lay, Dr Pepper and JCPenney are headquartered in Plano. FUNimation is headquartered in North Richland Hills. Educational Products, Inc. is headquartered in Carrollton.
[F]ar today, L-3 Communications Holdings, Inc., The Boeing Co., and Pier 1 Imports Inc. lead the list of companies with the most news stories while Tribune Co. and Audible Inc. are showing a spike in news. Merrill Lynch & Co. Inc., General Motors Corp., and Ford Motor Co. have the highest srtIndex scores to top the list of companies with positive news while OfficeMax Inc. and F5 Networks Inc. lead the list of companies with negative news reports. The Goldman Sachs Group Inc. has popped up with a high positive news sraIndex score.
Pier 1 Imports offers distinct, casual, home furnishings and gifts directly imported from over 50 countries around the world. Its ever-changing collections are presented in a sensory environment that encourages customers to have fun shopping for their homes.
With more than 20 years of retail business experience, Sandy Martin most recently served as Director of Investor Relations at Pier 1 Imports, Inc. in Fort Worth. During her 14-year tenure at Pier 1, she held a series of increasingly responsible positions in finance including financial reporting and corporate planning. Prior to Pier 1, Ms. Martin held management positions in finance at Pearle Vision, Inc. and Zale Corporation. Previous to that, during her years at Deloitte & Touche LLP, she served as an auditor for retail and manufacturing clients.
Pier 1's earnings decline appeared to be only temporary, as the company rebounded by fiscal 1998 to post profits of $78 million on record sales of $1.08 billion. This ... marked the first time sales had exceeded the $1 billion mark. In June 1998 Girouard was appointed CEO, taking over from the retiring Johnson. Girouard added the chairmanship as well in February of the following year. Although sales grew again in 1999, reaching $1.14 billion, this represented an increase of only 5.6 percent over the previous year, compared to the 13 to 17 percent increases of the previous three years.
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