EXHIBIT 23 CONSENT OF INDEPENDENT ACCOUNTANTS We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (Nos. 33-9970, 33-32166 and 33-50278) and Form S-3 (No. 33-49356) of Pier 1 Imports, Inc. of our report dated April 7, 1995, except for Notes 2, 8 and 17, as to which the date is February 29, 1996, in Item 8 of this Form 10-K/A. /s/Price Waterhouse LLP PRICE WATERHOUSE LLP Fort Worth, Texas February 29, 1996