Tuesday Morning is going out of business and closing all of its stores. It is the second major US home goods retailer to go bust in recent days
The retailer announced on Facebook and its website that it has started a going-out-of-business sale with 30% off discounts on its products sold at its roughly 200 remaining stores. Customers have until May 13 to use their gift cards, and locations will start closing in the coming weeks. It’s a somber ending for the 49-year-old retailer after it filed for its second bankruptcy in three years.
” Its first bankruptcy happened in May 2020, during the peak of the pandemic because of prolonged store closures that caused an “insurmountable financial hurdle.” Tuesday Morning currently has 200 locations in 25 states — a sharp decline from the 700 it had around three years ago. Notably, it doesn’t sell products online. Consumer spending has slowed down in the face of inflation, and interest rates have increased, making it costlier for companies to borrow.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tuesday Morning Is Going Out of Business and Closing All StoresDiscount retailer Tuesday Morning is officially going out of business and closing all 200 of its remaining stores.
Read more »
Dallas retailer Tuesday Morning holding huge going out of business saleOver the weekend, the home decor store announced it is closing all of its stores after 49 years in business.
Read more »
Texas-based Tuesday Morning going out of business, holding liquidation salesAnother home goods retailer is winding down operations after filing for bankruptcy — twice — and selling to a liquidation company. Dallas-based Tuesday Morning is going out of business following years of low sales and downsizing. It is closing its headquarters in North Dallas and all stores, including eight in the San Antonio area.
Read more »
Tuesday Morning is going out of business and closing all of its storesCustomers have until May 13 to use their gift cards, and locations will start closing in the coming weeks.
Read more »
8 ON YOUR SIDE: Tuesday Morning Closing All Stores - WAKA 8Tuesday Morning, the discount home goods retailer, has announced that it is closing all stores after filing for Chapter 11 bankruptcy protection earlier this year.
Read more »
Home decor retailer Tuesday Morning begins liquidation sales as it prepares to close Houston-area storesDiscount home goods store Tuesday Morning, which filed for Chapter 11 bankruptcy protection on Feb. 14, is liquidating its inventory and selling off its stock at a discount as it goes out of business.
Read more »