FORT WORTH-After reporting a comp-store increase and halving losses, Pier 1 Imports is finished with mass store closings, executives said at the company’s fourth quarter conference call recently. The company will open “a few” new units this year, and close 25 stores, said Charles H. Turner, EVP and CFO.

Last year, the company closed a net 79 stores as it launched a major turnaround effort. By 2010, openings and closings likely will be equal. “Our big store closings are done,” Turner said. “We are looking for opportunities to relocate stores, open new locations and exit underperforming markets.”

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