SCSF reports 7.9% stake in Pier 1

By Lisa Kerner

Charlotte, N.C., Dec. 5 - Investors led by SCSF Equities, LLC bought 809,300 shares of Pier 1 Imports, Inc. common stock on Dec. 4 at an average price per share of $3.90.

SCSF reported the transactions in a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons beneficially own 6,973,004 shares, or 7.9%, of the Fort Worth, Texas, specialty retailer.

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