Tuesday Morning is closing at least 132 stores after filing for bankruptcy — see if your local store is on the list
, Tuesday Morning will close approximately 230 of its nearly 700 stores.
In the first phase of closures, set to take place this summer, it will close at least 132 stores. The off-price home goods retailer listed the addresses of these locations in court filings on Wednesday, saying that they are expected to begin closing on June 1. Tuesday Morning said in a court filing that the locations were selected because they were underperforming or located too close to another store in its portfolio.
The retailer still needs bankruptcy court approval to begin closing sales, and locations could be added or removed from the list. announcing its bankruptcy, Tuesday Morning CEO Steve Becker specifically mentioned the COVID-19 pandemic as contributiong to the business' struggles. Tuesday Morning temporarily closed all of its locations and furloughed most of its 9,000 employees in March. It does not have an e-commerce business, making the temporary store closures particularly devastating.
"The complete halt of store operations for two months put the Company in a financial position that can be effectively addressed only through a reorganization in Chapter 11," he said.Town Square Shopping Center, 1646 Town Square SW, Cullman, AL 35055Promenade Montgomery, 2572 Eastern Blvd., Montgomery, AL 36117Bowman Heights Shopping Center, 301 S. Bowman Road, Little Rock, AR 72211The Commons At Aliso Town Center, 26505 Aliso Creek Rd.
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