The brother expanded the chain in the early stages of their partnership.
Officials have optimistic plans to expand the chain to possibly 40 or 50 stores, with annual sales of $100 million.
Charming has since expanded the chain and introduced online and outlet sales.
The money will mostly be used to pay off debts, but also to expand the chain.
He also expanded the chain to five Pimm's restaurants.
During the 1990s and early 2000s, May attempted to expand the chain nationally.
Pier 1 expects to open more than 80 stores nationwide this year, expanding the chain to 582 outlets.
Over the next several years, the pair expanded the chain, beginning to offer franchises after 1960.
Roy and his family quickly expanded the chain, opening locations throughout Western Canada.
Later on, he expanded the chain by opening 2 more restaurants in 2003.