• Corinne Ruff
• 01 Mar, 2019

The lenders tapped Brown Rudnick as legal counsel to assist in next steps, the sources said. Pier 1 did not immediately respond to Retail Dive's request for comment. Beyond its financial picture, Pier 1 is also experiencing a lot of executive turnover. CEO Alasdair James resigned in December and board member Cheryl Bachelder was appointed interim CEO. Earlier this month, CIO Lance Willis joined the company from Toys R Us, where he was the global technology officer.
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