Tag Archives: CNBC Videos

Home Furnishings: “The Rise And Fall Of Pier 1”

Once known for its “treasure hunt” atmosphere, colorful home furnishings, and distinctive holiday decorations, Pier 1 filed for bankruptcy in February 2020.

Pier 1 later announced it was winding down its entire business, in part, due to the coronavirus pandemic. And while Pier 1 had a smaller share of the home furnishing industry than some of its rivals, those store closings could mean good news for a few retailers.

Electric Cars: “Why Ford Is Risking Mustang To Take On Tesla” (CNBC Video)

Ford is introducing a new, eco-friendly electric four-door crossover. The Mustang Mach-E is making waves in the electric car community and will compete with Tesla for satisfied drivers. Some car enthusiasts challenge Ford’s decision to replace Mustang’s namesake 8 cylinder engine. But others argue a Mustang is a Mustang.