Pier 1 Imports, Inc. (Pier 1 Imports) is a specialty retailer of decorative home furnishings and gifts. The Company imports merchandise, and sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products in its stores. As of February 25, 2012, the Company operated 1,052 stores in the United States and Canada. During fiscal year ended February 25, 2012 (fiscal 2012), the Company opened 15 Pier 1 Imports stores and closed nine stores. The Company operates regional distribution center facilities in or near Baltimore, Maryland; Columbus, Ohio; Fort Worth, Texas; Ontario, California; Savannah, Georgia, and Tacoma, Washington.