Tuesday Morning Going Out of Business

Tuesday Morning Going Out of Business

Posted: March 27, 2024 | Updated: March 27, 2024

Tuesday Morning has sadly closed its doors for good, marking the end of an era for the home goods retailer. Following the announcement on Facebook and its website last year, the company initiated a going-out-of-business sale, offering 30% discounts on its merchandise at approximately 200 remaining stores.

This closure signifies a sad conclusion to the retailer’s 49-year legacy as it grapples with its second bankruptcy filing in just three years. Tuesday Morning cited its overwhelming debt as the primary reason for the restructuring efforts announced in February 2023. The first bankruptcy, occurring in May 2020 amid the pandemic’s peak, resulted from prolonged store closures that created significant financial challenges for the company.

Key Takeaways
Key Takeaways
  • Going-Out-of-Business Sales: Tuesday Morning has commenced going-out-of-business sales at its remaining stores in 25 states, offering customers significant discounts of up to 30% on a wide array of home decor items.
  • Diverse Selection of Discounted Items: Shoppers were offered a diverse selection of discounted products spanning from home decor items like bedding, furniture, and kitchen essentials to toys, pet supplies, beauty products, crafts, and seasonal decorations.
  • Opportunity for Name-Brand Deals: Tuesday Morning has been renowned for offering name-brand deals since 1974, and this sale continues that tradition with further price reductions storewide, providing customers the chance to save even more on recognized brands.
  • Closure and Impact: Tuesday Morning’s closure marks the end of its 49-year legacy, following its second bankruptcy filing in three years due to overwhelming debt. The impact extends beyond its closure as it joins Bed Bath & Beyond in shuttering operations, reflecting broader challenges brick-and-mortar retailers face amidst evolving consumer preferences and economic pressures.

Tuesday Morning Shuts its Doors

Tuesday Morning Shuts its Doors

After the announcement last year, shoppers took advantage of significant savings at all Tuesday Morning locations in 25 states throughout the US by using “going-out-of-business” discounts. Customers saved a lot of money on various home decor items with cuts of as much as 30%.

During this sales event, a large assortment of deeply discounted home decor items, such as furniture, lighting, bedding, bath accessories, and kitchen necessities, were available for every part of the house. Significant discounts were also available for toys, crafts, seasonal decorations, luggage, pet supplies, and cosmetics.

Tuesday Morning has been rewarding bargain hunters with name-brand sales since 1974. Customers saved even more thanks to new storewide price reductions before the shutdown. This comes after the company filed for bankruptcy protection under Chapter 11 earlier last year after voluntarily choosing to be removed from the Nasdaq in December 2022.

Gift cards were accepted until May, and the customers were allowed to return any purchased items within 14 days before April 28, 2023, if they had the original receipt.

Tuesday Morning’s closure will impact stores in 25 states, although specific closure dates for these locations have not been disclosed. Unfortunately, the company did not give any further updates after the announcement.

Here is a full list of store locations that were closed:

 States CityAddress
Alabama Fairhope 90 Plantation Pointe
Alabama Foley 2524 S McKenzie Street
Alabama Florence 179 Cox Creek Parkway S
Alabama Madison 12090 County Line Road Suite I
Alabama Mobile 6366 Cottage Hill Road
Alabama Spanish Fort 10200 Eastern Shore Boulevard
Arkansas Benton 20496 Interstate 30 N
Arkansas Fayetteville 3180 N College Avenue
Arkansas Fort Smith 7810 Rogers Avenue
Arkansas Hot Springs 4332 Central Avenue
Arkansas Little Rock 2516 Cantrell Road Suite I
Arkansas North Little Rock 2747 Lakewood Village Drive
Arkansas Rogers 208 S Promenade Boulevard
Arkansas Searcy 2701 E Race Avenue, Suite 6
Arizona Flagstaff 1795 Kiowa Avenue, Suite 103
Arizona Lake Havasu City 1795 Kiowa Avenue Suite 103
Arizona Oro Valley 11835 N Oracle Road, Suite 133
Arizona Phoenix 3055 E Indian School Road
Arizona Prescott 1260 Gail Gardner Way
Arizona Sedona 6657 State Route 179, Suite 2
Arizona Sun City 10050 W Bell Road
Florida Brandon 911 Lithia Pinecrest Road
Florida Cooper City 2671 N Hiatus Road
Florida Fernandina Beach 2146 Sadler Square
Florida Fort Walton Beach 99 Eglin Parkway NE
Florida Gulf Breeze 330 Gulf Breeze Parkway
Florida Jacksonville 12200 San Jose Boulevard, Suite 6
Florida Jacksonville 4524 9 Street Johns Avenue
Florida Lakeland 2625 S Florida Avenue
Florida Ormond Beach 130 S Nova Road
Florida Palm Coast 250 Palm Coast Parkway NE Unit 603
Florida Panama City Beach 7928 Front Beach Road
Florida Pensacola 6601 N Davis Highway Suite 220
Florida Sarasota 6050 N Lockwood Ridge Road
Florida St Augustine 1799 US Highway 1 S
Florida Tallahassee 1806 Thomasville Road
Florida Vero Beach 1295 US Highway 1
Georgia Alpharetta 10945 State Bridge Road
Georgia Augusta 3241 Washington Road
Georgia Brunswick 1919 Glynn Avenue
Georgia Macon 265 Tom Hill Sr Boulevard Unit 301
Georgia Peachtree City 233 Commerce Drive
Georgia Woodstock 1432 Towne Lake Parkway
Idaho Boise 301 N Milwaukee Street
Idaho Boise 656 E Boise Avenue
Illinois Orland Park 15846 S LaGrange Road
Illinois Fox River Grove 900 Route 22
Indiana Carmel 2188 E 116th Street, Suite D102
Indiana Indianapolis 6935 Lake Plaza Drive, Suite C1
Kansas Mission 5320 Martway Street
Kansas Lenexa 14950 W 87th Street
Kansas Overland Park 9606 Nall Avenue
Kansas Stanley 8038 W 151st Street
Kentucky Bowling Green 1751 Scottsville Road
Kentucky Fort Mitchell 2178 Dixie Highway
Kentucky Frankfort 1303 US Highway 127 S, Suite 103
Kentucky Louisville 9240 Westport Road
Louisiana Alexandria 1460 MacArthur Boulevard
Louisiana Baton Rouge 12694 Perkins Road
Louisiana Baton Rouge 3735 Perkins Road
Louisiana Baton Rouge 6632 Jones Creek Road
Louisiana Lafayette 3605 Ambassador Caffery Space E
Louisiana Lake Charles 3517 Ryan Street
Louisiana Mandeville 2985 Highway 190
Louisiana Metairie 1801 Airline Drive
Louisiana Monroe 1703 N 18th Street
Louisiana Shreveport 4800 Line Avenue
Louisiana Slidell 176 Gause Boulevard W
Maryland Easton 210 Marlboro Avenue, Suite 47
Maryland Stevensville 380 Thompson Creek Road
Michigan Farmington 23314 Farmington Road
Missouri Branson 4310 Gretna Road
Missouri Cape Girardeau 155 Siemers Drive, Suite 1
Missouri Columbia 1400 Forum Boulevard Suite 1C
Missouri Ellisville 15921 Manchester Road
Missouri Joplin 2639 E 32nd Street
Missouri Lees Summit 901 NW OBrien Road
Missouri Saint Louis 6929 S Lindbergh Boulevard
Missouri Springfield 2916 S Glenstone Avenue
Mississippi Biloxi 2650 Beach Boulevard Suite 21
Mississippi Brandon 1578 W Government Street
Mississippi Flowood 630 Grants Ferry Road
Mississippi Hattiesburg 6062 Highway 98 Suite 101
Mississippi Jackson 1053 E County Line Road Suite 1041
Mississippi Laurel 934 N 16th Avenue
Mississippi Long Beach 19099 Pineville Road, Suite 102
Mississippi Ocean Springs 2674 Bienville Boulevard
Mississippi Oxford 1913 University Avenue
Mississippi Starkville 402 Highway 12 W
North Carolina Aberdeen 1375 N Sandhills Boulevard
North Carolina Asheville 44 Westgate Parkway
North Carolina Burlington 3394 S Church Street
North Carolina Charlotte 10828 Providence Road
North Carolina Hendersonville 1800 Four Seasons Boulevard H13
North Carolina Huntersville 102 Statesville Road, Suite E1
North Carolina Wilmington 1039 S College Road
North Dakota Fargo 3223 13th Avenue SW
New Mexico Las Cruces 1723 E University Boulevard
Ohio Cincinnati 8178 Montgomery Road
Ohio Highland Heights 773 Alpha Drive
Ohio Kettering 4116 W Town and Country Rd
Ohio Stow 1614 Norton Road
Oklahoma Edmond 28 E 33rd Street
Oklahoma Lawton 3801 NW Cache Road, Suite 36
Oklahoma Midwest City 7517 SE 15th
Oklahoma Norman 3721 W Main Street
Oklahoma Oklahoma City 11717 S Western Avenue
Oklahoma Oklahoma City 9446 N May Avenue
Oklahoma Tulsa 3111 S Harvard Avenue
Oklahoma Tulsa 6110 E 71st Street
Oklahoma Yukon 1111 Garth Brooks Boulevard
Pennsylvania Lancaster 1825 Columbia Avenue
Pennsylvania Leetsdale 12 Ohio River Boulevard
Pennsylvania New Castle 3332 Wilmington Road
Pennsylvania York 2142 S Queen Street
South Carolina Bluffton 1 Sherington Drive
South Carolina Columbia 4905 Forest Drive
South Carolina Greenville 3715 E North Street
South Carolina James Island 1291 Folly Road, Suite 104
South Carolina Lexington 932 N Lake Drive
South Carolina Murrells Inlet 736 & 740 Mink Avenue
South Carolina Myrtle Beach 6908 N Kings Highway
South Carolina North Myrtle Beach 240 Highway 17 N
South Carolina Pawleys Island 10225 Ocean Highway Unit 400
South Carolina Rock Hill 725 Cherry Road Suite 190
South Carolina Seneca 113 Bilo Pl
South Carolina Spartanburg 1200 E Main Street Suite 11
South Carolina Summerville 622 Bacons Bridge Road
Tennessee Chattanooga 3901 Hixson Pike Suite 133
Tennessee Clarksville 1951 Madison Street
Tennessee Cleveland 820 25th Street NW
Tennessee Collierville 632 W Poplar Avenue
Tennessee Jackson 621 Old Hickory Boulevard
Tennessee Knoxville 148 N Peters Road
Tennessee Murfreesboro 1250 NW Broad Street
Texas Abilene 3301 S 14th Street
Texas Allen 190 E Stacy Road, Suite 1530
Texas Amarillo 3415 Bell Street
Texas Arlington 2737 W Park Row Road
Texas Arlington 1104 W Arbrook Boulevard
Texas Austin 10225 Research Boulevard Suite 3000B
Texas Brownsville 1601 Price Road
Texas Cedar Park 5001 183A Toll Road, Suite J100
Texas Conroe 1406 N Loop 336 W
Texas Corpus Christi 4102 S Staples
Texas Dallas 6465 E Mockingbird Ln Suite 354
Texas Denton 2608 W University Drive
Texas Euless 5005 E-Marketplace Drive, Suite 170
Texas Farmers Branch 14303 Inwood Road
Texas Friendswood 172 S Friendswood Drive
Texas Frisco 4995 Eldorado Parkway Suite 520
Texas Galveston 2727 61st Street
Texas Garland 401 W Interstate 30
Texas Georgetown 1103 Rivery Boulevard Suite 270
Texas Houston 10516 Old Katy Road
Texas Houston 901A N Shepherd Drive
Texas Houston 5419 FM 1960 W Suite E
Texas Houston 1365 Kingwood Drive
Texas Irving 7787 N MacArthur Boulevard
Texas Katy 870 S Mason Road
Texas Katy 24427 Katy Freeway
Texas Keller 1580 Keller Parkway FM 1709
Texas Kerrville 851 Junction Highway
Texas Lakeway 2300 Lohmans Spur Suite 145
Texas Lewisville 2325 S Stemmons Freeway Suite 103
Texas Longview 305 NW Loop 281
Texas Lubbock 7020 Quaker Avenue
Texas Marble Falls 2511 N US Highway 281
Texas Mckinney 117 S Central Expressway
Texas Midland 4610 N Garfield
Texas New Braunfels 651 N Business Interstate Highway 35 Stre 1400
Texas Paris 3552 Lamar Avenue
Texas Plano 1601 Preston Road, Suite F
Texas Rockwall 1117A Ridge Road
Texas Round Rock 110 N Interstate 35
Texas San Angelo 3578 Knickerbocker Road
Texas San Antonio 3910 McCullough Avenue
Texas San Antonio 2945 Thousand Oaks Drive
Texas San Antonio 12651 Vance Jackson Road, Suite 128
Texas San Antonio 18450 Blanco Road
Texas San Antonio 6808 Huebner Road
Texas San Antonio 8421 N US Highway 281 Suite 105
Texas Shenandoah 17937 I-45 S Suite 125
Texas Sherman 2711 N US Highway 75
Texas South Padre Island 410 Padre Boulevard
Texas Spring 4690 Louetta Road
Texas Temple 3064 South 31st Street
Texas Texarkana 2315 Richmond Road, Suite 9B
Texas Tyler 322 East SE Loop 323
Texas Universal City 3150 Pat Booker Road Suite 112
Texas Waco 5201 Bosque Boulevard Suite 380 Bldg 3
Texas Waxahachie 1700 N Highway 77 Suite 166
Texas Weatherford 735 Adams Drive
Texas Webster 20740 Gulf Freeway Suite 140
Virginia Charlottesville 540 Pantops Center
Virginia Chesapeake 237 Battlefield Boulevard South, Suite 10
Virginia Lynchburg 2138 Wards Road
Virginia Roanoke 660 Brandon Avenue SW
Virginia Salem 1923 Electric Road

Leading up to its bankruptcy filing, Tuesday Morning reports that its creditors, led by Wells Fargo, raised the company’s reserve requirements from $10 million to a staggering $30 million. This move effectively depleted Tuesday Morning’s operating liquidity and significantly impacted the company’s unsustainable financial state.

Tuesday Morning almost got a second chance when Invictus offered to buy them out of bankruptcy in March last year, but the deal fell through. Another company, Gordon Brothers, helped out with DIP commitments of $27 million to keep things going, but it wasn’t enough. They bought more cash in April to keep the lights on and pay their workers. They asked Invictus for a loan based on an earlier credit agreement, which was declined. They were apparently told to return with a more minor request “to keep things floating.”

Invictus even provided $3.5 million in funding. Tuesday Morning then requested $4.9 million to bridge the gap from the initial request. However, according to Dell Young, Invictus shut them down again without any explanation.

Following denying further funding requests, Young cautioned in a court declaration that without access to financing, the company could not settle payments to vendors, cover freight costs for delivery, pay monthly rent for May, or meet payroll obligations.

The news was followed by the announcement that Bed Bath & Beyond will shut down its operations, including 360 stores and 120 buybuy BABY locations. Bed Bath & Beyond, which has ceased accepting coupons, made this decision after unsuccessful turnaround efforts.

A favorite destination for bargain hunters, Tuesday Morning, filed for its second bankruptcy in three years back in February last year. The first bankruptcy occurred in May 2020 during the COVID-19 pandemic.

About Tuesday Morning

About Tuesday Morning

Image source

Tuesday Morning Corp, known as Tuesday Morning, is a retail powerhouse specializing in off-price home and lifestyle products. Their diverse product portfolio includes bath and body items, kitchenware, furniture, crafts, gifts, party supplies, home decor, gourmet foods, pet supplies, luggage, small appliances, seasonal decorations, lawn and garden products, and toys. Tuesday Morning offers a wide range of quality products under various brand names, such as Premier Yarns, Vitabath, NapaStyle, Mikasa, Rothschild Farm, Nicole Miller, Womanswork, Laura Ashley, London Fog, Peacock Alley, KitchenAid, Jim Shore, and LEGO.

Tuesday Morning’s products are available on its e-commerce platform, tuesdaymorning.com. Based in Texas, Tuesday Morning operates its headquarters and distribution facility from this location.

Conclusion

Tuesday Morning’s closure marks the end of an era in the retail industry. With discounts of up to 30% off during closure, customers had the opportunity to save on a wide range of merchandise, from home decor to toys and beauty products.

This sad ending follows the retailer’s second bankruptcy filing in just three years, highlighting the challenges brick-and-mortar stores face in the high-competition retail sector. As Tuesday Morning prepares to shutter its remaining stores across 25 states, its 49-year legacy serves as a poignant reminder of the shifting dynamics within the retail industry.

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