EXHIBIT 23

                       CONSENT OF INDEPENDENT AUDITORS


     We consent to the incorporation by reference in the Registration
Statements on Form S-8 (No. 33-9970, No. 33-50278, and No. 33-32166) and in
the Registration Statement on Form S-3 (No. 33-49356) of our report dated
April 10, 1998, with respect to the consolidated financial statements and
schedule of Pier 1 Imports, Inc. included in the Annual Report (Form 10-K)
for the year ended February 28, 1998.



/s/ Ernst & Young LLP

Fort Worth, Texas
May 26, 1998