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)

 July 24, 2008
__________________________

PIER 1 IMPORTS, INC.

(Exact name of registrant as specified in charter)

Delaware

001-07832

75-1729843

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(IRS Employer

Identification No.)

100 Pier 1 Place,

Fort Worth, Texas 76102

(Address of principal executive offices, and

zip code)

(817) 252-8000

(Registrant’s telephone

number, including area code)

N/A
(Former name or former address, if changed since last report)

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 (see General Instruction A.2. below):

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 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

  (b) On July 24, 2008 David A. Walker announced that effective August 15, 2008 he will retire from Pier 1 Imports, Inc. (the “Company”) and his position of Executive Vice President - Planning and Allocations of the Company.

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:

July 30, 2008

By:

/s/ Michael A. Carter

Michael A. Carter

Senior Vice President and

General Counsel, Secretary