Subscriber Account active since. As part of its Chapter 11 bankruptcy filing , Tuesday Morning will close about of its nearly stores. In the first phase of closures, set to take place this summer, it will close at least stores. The off-price home-goods retailer listed the addresses of these locations in court filings on Wednesday and said they were expected to begin closing on June 1. Tuesday Morning said in a court filing that the stores were selected because they were underperforming or too close to another location in its portfolio. The retailer still needs bankruptcy-court approval to begin closing sales, and stores could be added or removed from the list. Tuesday Morning temporarily closed all of its stores and furloughed most of its 9, employees in March. It does not have an e-commerce business, making the temporary store closures particularly devastating. Business Insider logo The words "Business Insider". Close icon Two crossed lines that form an 'X'.
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Off-price retailer Tuesday Morning filed for Chapter 11 bankruptcy protection Wednesday with plans to close more than a third of its stores. Update: See the list of initial locations set to close. Tuesday Morning had been struggling when the coronavirus pandemic began and went into a free fall when it was forced to temporarily close its locations due to the crisis.
Arizona closing Tuesday Morning store
New York CNN Business Discount home goods retailer Tuesday Morning filed for bankruptcy, blaming Covid for prolonged store closures that caused an "insurmountable financial hurdle. Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. More Videos First-time jobless claims fall below 1M. Remote work leads to growing concerns over cybersecurity.
Tuesday Morning Corporation is an American discount, off-price retailer specializing in domestic and international, designer and name-brand closeout merchandise. The company has stores across the United States. Headquartered in Dallas, Texas , the chain traditionally has relied on direct marketing including mail and e-mail , but also advertises in newspapers. Tuesday Morning was established in It had grown to stores operating in 35 states by  and to 41 states and stores by On June 7, , the retailer announced that it had fired CEO Kathleen Mason, due to criticism that the company was performing poorly under her direction. On the same day, the company promoted Michael Marchetti to president and chief operating officer.