UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported) February 12, 2007


                              PIER 1 IMPORTS, INC.
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             (Exact name of registrant as specified in its charter)


             Delaware                  1-7832                75-1729843
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   (State or other jurisdiction      (Commission          (I.R.S. Employer
of incorporation or organization)   File Number)       Identification Number)


                    100 Pier 1 Place, Fort Worth, Texas 76102
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          (Address of principal executive offices, including zip code)

                                  817-252-8000
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              (Registrant's telephone number, including area code)


 Check the appropriate box below if the Form 8-K filing is intended to
 simultaneously satisfy the filing obligation of the registrant under any of the
 following provisions:

[_]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

[_]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[_]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

[_]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))



Item 8.01     Other Events

On February  12,  2007,  Pier 1 Imports,  Inc.  (the  "Company")  issued a press
release  announcing  that the  Company has  initiated a lawsuit  against The TJX
Companies, Inc. A copy of this press release is attached hereto as Exhibit 99.1.

Item 9.01     Financial Statements and Exhibits

              (d) Exhibits.

Exhibit No.   Description
-----------   -----------

99.1          Press release dated  February 12, 2007  announcing the initiation
              of a lawsuit against The TJX Companies, Inc.



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                    PIER 1 IMPORTS, INC.


Date: February 12, 2007       By:  /s/  Michael A. Carter
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                                    Michael A. Carter, Senior Vice
                                    President and General Counsel, Secretary