A Sad Tuesday Morning!

The end of the road.

Retailer going out of business. It is a sad day when a business is gone. I frequented this business for years. Now it is going to feel different. 

Tuesday Morning, a discount closeout retailer is going out of business. It is beginning its liquidation sales and will close all its locations. By early June, all the stores in 39 states will be gone.

Not the good news President Joe Biden wanted to hear knowing that this April jobs report will not include this as well as Bed Bath & Beyond.

On the company’s website, Tuesday Morning officials highlighted that “all stores are closing” and “everything must go.” The retailer added that it will accept gift cards through May 13.

The company filed for chapter 11 bankruptcy protection on Feb. 14. As part of a reorganization effort, company officials planned to close stores in low-traffic regions to focus efforts on its most profitable locations in heritage markets.

The bankruptcy filing was the second for Tuesday Morning in recent years. In 2020, the company filed for bankruptcy as it faced financial issues stemming from the coronavirus pandemic. Hundreds of stores were closed before the company emerged from bankruptcy.

In court records, company officials said the retailer later grappled with supply chain disruptions and increased costs.

Tuesday Morning was founded in 1974.

The Tuesday Morning Corporation is an American household merchandise discount store headquartered in Dallas, Texas. Founded in 1974, the company once advertised nearly 500 locations across the country, also advertising itself as having high quality products at low prices.