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Pier 1 Imports opens first Fairbanks store


Northernmost Pier 1 Imports store opens in Fairbanks on Oct. 29, with $5,000 charitable donation, ribbon kicking by WEIO champion, four $500 gift cards raffled off to shoppers


FAIRBANKS, ALASKA (Oct. 17, 2012) – Pier 1 Imports will open its northernmost store, located at 240 Mehar Ave., in Fairbanks, Alaska, on Monday, Oct. 29. Grand opening festivities are slated to take place from 9:30 a.m. to 1:00 p.m., and will include a $5,000charitable donation, ribbon kicking by World
Eskimo-Indian Olympics (WEIO) champion Erica Meckel and $2,000 total in Pier 1 Imports gift card giveaways.

“We are thrilled to call the Golden Heart City the home of Pier 1 Imports northernmost store and introduce our new Fairbanks customers to Pier 1’s unique and special home furnishings and gifts from around the world,” said Pier 1 Imports Executive Vice President Sharon Leite. “Pier 1 Imports offers merchandise that fits all decorating styles, as well as a broad array of affordable holiday décor, furniture and gifts, and we look forward to sharing the Pier 1 Imports shopping experience with the residents of this one-of-a-kind community.”

Festivities on Oct. 29 will start at 9:30 a.m., with a store preview, at which time the public can begin enjoying a variety of tasty snacks as well as enter to win a Pier 1 gift card. At 10:00 a.m., the grandopening festivities will kick off with Executive Vice President Leite welcoming attendees and presenting a $5,000 donation to the Resource Center for Parents and Children, as Pier 1 Imports celebrates becoming part of the Fairbanks community. WEIO two-foot high kick champion for 2012 and Fairbanks native Erica Meckel will then officially christen the store with a ribbon-cutting ceremony unlike any other, as she breaks the ribbon with a demonstration of the traditional Native Alaskan high kick. To celebrate its new Fairbanks customers, the first of four $500 Pier 1 Imports gift cards will be raffled off at the 10:00 a.m. ceremony, and three more will be handed out at 11:00 a.m., noon and 1:00 p.m.

The total retail square footage of the store is 11,740 square feet. Aside from the store manager, who has come from one of the retail chain’s successful stores on the east coast, all employees are from the Fairbanks area. To start, the store will employ three full-time associates and approximately 25 part-time associates. The Fairbanks Pier 1 Imports will also hire additional employees each year around the holiday season and is already hiring for the 2012 holiday positions. This store will be the second Pier 1 Imports in the 49th state, and it willfeature the new store concept, additional details of which are included below. Pier 1 Imports has 1,058 stores in the U.S. and Canada. The Fairbanks store is situated less than 200 miles south of the Arctic Circle and is thenorthernmost Pier 1 Imports store in the world.

New Store Concept

Pier 1 Imports was pleased to announce the unveiling of its new store concept this past fall. The new store design is a natural evolution of the Pier 1 Imports experience that utilizes a new interior finish-out, including natural-colored floor tiles, rustic ceiling elements, enhanced store lighting and lit shelving units lining the walls, all of which help customers visualize the end-use of the products within their own home. The new look is complemented by the use of “open stock” merchandising, designed to enhance the shopping environment by giving customers the opportunity to see, feel and interact with the product. The exterior design features a signature bamboo door with rustic metal door handles that will mark the entrance to
Pier 1 Imports’ unique shopping experience. The features of the new store will allow easier navigation, all while maintaining the “treasure hunt” feel and continuing to make Pier 1 Imports a great place for discovery and spending time browsing.

The Community

Pier 1 Imports is dedicated to supporting the communities in which its associates live and work, as well as the international community from where it imports much of its merchandise. Since 1985, Pier 1 Imports has contributed more than $37 million to philanthropic organizations through international, national and local efforts including UNICEF (the United Nations Children's Fund) and the United Way.

About Pier 1 Imports

Pier 1 Imports, Inc. is the original global importer of imported decorative home furnishings and gifts.

Information about the Company is available on www.pier1.com.

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