Pier 1 Imports Asserts Turnaround Plan Will Take Hold

Following media reports regarding Pier 1 Imports’ financial health and speculation that it may be heading toward bankruptcy— including an S&P Global ratings report that downgraded the company’s credit rating— the retailer released a statement, asserting that it is confident that its turnaround plans will take hold.

It’s Not Always Written In The Stars

HomeWorld Business has learned that Walmart recently told some vendors it might drop items from its e-commerce platform that don’t have at least a four-star rating.

Home Gets Prime Placement In New Amazon 4-Star Store

Home and housewares are getting prime placement in a new Amazon brick and mortar location opening in New York City. Dubbed Amazon 4-star, the physical store will sell merchandise that has been rated four stars and above, is a top seller, or is new and trending on Amazon.com.