X0303 4 2008-11-28 0 0000278130 PIER 1 IMPORTS INC/DE PIR 0001439019 Schack Laura A 100 PIER 1 PLACE FORT WORTH TX 76102 0 0 0 1 Principal Accounting Officer common stock 2008-11-28 5 A 0 E 285.7143 0.875 A 604.6941 I By Stock Purchase Plan common stock 22983.73 D On November 28, 2008, the Pier 1 Imports, Inc. Stock Purchase Plan, restated as amended June 20, 2008, in a transaction exempt under Rule 16b-3, purchased 285.7143 shares of common stock for the reporting person's account. Such shares were purchased at approximately $.8750 per share, the average of the closing prices of the Issuer's common stock on the New York Stock Exchange for each Friday in the month of November 2008, during which contributions were credited to the reporting person's account for the purchase of common stock. Exhibit List: Exhibit 24 - Limited Power of Attorney /s/ Laura A. Schack By: Michael A. Carter, Atty-in-Fact 2008-12-01