June 4, 2020
Tuesday Morning, a discount home accessory retailer, is getting ready to close over 130 stores as part of its bankruptcy strategy.
The beleaguered retailer, according to a CNBC report, needs court approval for the move and is aiming to end its Chapter 11 move with 450 stores still in play.
The 130-plus locations are in areas where another store can meet consumer demand or are not making revenue expectations, according to the report. The closures should take place this summer.