Chart of the Day: Pier 1 Imports

According to Yahoo!Finance, “Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products.”

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The Study of Failure

“The committee reported that the intervention board responsible for storing food mountains had completed only seven of the planned twenty-six computer systems. The board's officials admitted that their original plans had been over-optimistic and there had been a failure of management. Computer delays in handling export refunds and levies had cost Britain an extra Pounds 5 million. ("Farm subsidy scheme `is open to fraud'; Parliament." Times [London, England], 29 Nov. 1990. Infotrac Newsstand. Accessed 17 Dec. 2018.).”

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