EXHIBIT 5

                              Kelly, Hart & Hallman
                            a professional corporation
                                 201 Main Street
                             Fort Worth, Texas 76102




                                 October 1, 1999





Pier 1 Imports, Inc.
301 Commerce Street, Suite 600
Fort Worth, Texas  76102

     Re:  Registration Statement on Form S-8
          Pier 1 Imports, Inc. 1999 Stock Plan

Gentlemen:

     This firm has acted as counsel to Pier 1 Imports, Inc., a Delaware
corporation (the "Company"), in connection with the filing of a registration
statement on Form S-8 (the "Registration Statement") with the Securities and
Exchange Commission pursuant to the Securities Act of 1933, as amended, for the
registration of the sale from time to time of 7,000,000 shares of common stock,
par value $1.00 per share (the "Shares"), of the Company under the Pier 1
Imports 1999 Stock Plan.

     In connection with this opinion, we have made the following assumptions:
(i)  all documents submitted to or reviewed by us, including all amendments and
supplements thereto, are accurate and complete and if not originals are true and
correct copies of the originals; (ii) the signatures on each of such documents
by the parties thereto are genuine; (iii) each individual who signed such
documents had the legal capacity to do so; and (iv) all persons who signed such
documents on behalf of a corporation were duly authorized to do so.  We have
assumed that there are no amendments, modifications or supplements to such
documents other than those amendments, modifications and supplements that are
known to us.

     Based on the foregoing, and subject to the limitations and qualifications
set forth herein, we are of the opinion that the Shares have been duly
authorized by the Company and, when issued against payment therefor in
accordance with the Company's 1999 Stock Plan, will be validly issued, fully
paid and non-assessable.

     This opinion is further limited and qualified in all respects as follows:

          A.  The opinion is specifically limited to matters of the existing
     General Corporation Law of the State of Delaware.  We express no opinion
     as to the applicability of the laws of any other particular jurisdiction
     to the transactions described in this opinion.


          B.  This opinion is limited to the specific opinions stated herein,
     and no other opinion is implied or may be inferred beyond the specific
     opinions expressly stated herein.

          C.  This opinion is based on our knowledge of the law and facts as of
     the date hereof.  We assume no duty to update or supplements this opinion
     to reflect any facts or circumstances that may hereafter come to our
     attention or to reflect any changes in any law that may hereafter occur or
     become effective.

     This opinion is intended solely for your benefit.  It is not to be quoted
in whole or in part, disclosed, made available to or relied upon by any other
person, firm or entity without our express prior written consent.

     We hereby consent to the use of this opinion in the above-referenced
Registration Statement.  In giving such consent, we do not admit that we come
within the category of persons whose consent is required under Section 7 of the
Securities Act of 1933, as amended, or the rules and regulations of the
Securities and Exchange Commission promulgated thereunder.

                                   Respectfully submitted,

                                   /s/ Kelly, Hart & Hallman

                                   KELLY, HART & HALLMAN
                                (a professional corporation)