Tuesday Morning stores closing: list of addresses - Business Insider

, 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.

On a Wednesday? After they just had their best day of the week?

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Internet of Medical Things report - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Startup Destiny is helping big companies address social distancing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Remember, sea-steading super misogynist Peter Thiel is crazy as a loon.
Source: BusinessInsider - 🏆 729. / 51 Read more »

SUCCESS INSIDER: Management consulting, Scott Galloway, résumé advice - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business is booming for small, local meat processors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Literally had zero trouble finding any meat or chicken. Zero. Tyson Foods needs some competition. Great news!! Sick of those meat farms.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Cabinet founders share tips for starting a business in a pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »