• What is the history of this company?A brief history of Pier 1 is that the company established its headquarters in Fort Worth, Texas in 1966 with 16 stores . In 1970; Pier 1 went public and was listed on the American Stock Exchange, then in 1972 joined the New York Stock Exchange, with 123 stores accounting for 100% of sales at that time. In the new millennium, Pier1 launched its online marketplace. 2001 Pier 1 acquires Cargo Furniture and Home, established in 1981, as a family selection of casual furniture. Later, the concept was modified to become Cargo Kids, a specialty retailer offering fashionable, value-oriented children's furniture and accessories. On February 23, 2003, Pier 1 opened its 1,000th North American store. In August 2004, Pier 1 expanded from three downtown Fort Worth offices to offices and moved nearly 1,000 employees to Pier 1 Place, the new headquarters.• How did it start? Canada, Mexico and Puerto Rico. We plan to expand our business to 1,800 stores by the end of the decade by entering single-store markets and growth areas in major metropolitan centers. This strategy creates new jobs and provides the convenience of a Pier 1 store in active retail communities. "• What sets this company apart from its competitors? The assortment of merchandise that ranges from home accessories such as candles, vases and picture frames to large upholstered furniture, hand-carved cabinets handmade, to large-scale vases and eclectic wall decor Up to 75 percent of our merchandise assortment includes new product introductions each year. Most merchandise takes a long and interesting journey Buyers develop and import. merchandise from over 50 countries The shopping environment found in the stores is distinctly Pier 1 and takes customers on a path of discovery through one-of-a-kind products from around the world. also devotes to supporting the communities in which their associates live and work as well as the international communities from which they import their goods. Since 1985, they have contributed more than $30 million to philanthropic organizations at the international, national and local levels. including UNICEF (the United Nations Children's Fund), the Susan G. Komen Breast Cancer Foundation, United Way of Metropolitan Tarrant County and our Adopt -A-School, Daggett Elementary School.o current assets/liabilities ratio fluent 1,075,749 / 289,009 = 3.