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Exhibit 21
SUBSIDIARIES OF THE COMPANY AS OF FEBRUARY 27, 2016
Pier 1 Assets, Inc., a Delaware corporation
Pier 1 Licensing, Inc., a Delaware corporation
Pier 1 Imports (U.S.), Inc., a Delaware corporation
Pier 1 Value Services, LLC, a Virginia limited liability company
PIR Trading, Inc., a Delaware corporation
Pier 1 Holdings, Inc., a Delaware corporation
Pier 1 Services Company, a Delaware statutory trust