
Dallas-Based Tuesday Morning Bankrupt, to Close All Stores
Dallas-based Tuesday Morning Corp. is going out of business after being sold out of bankruptcy Thursday to a liquidation company. Hilco Merchant Resources is paying more than $32 million for the company. The liquidation means a couple thousand employees at Tuesday Morning’s North Dallas headquarters and stores will be terminated as store operations wind down over the next few weeks. The closings effect 59 stores in Texas, including 18 in the Dallas-Fort Worth area.
Going-out-of-business sales are now underway at all stores with 30% off lowest ticketed price. The last day to use a Tuesday Morning gift card or make a merchandise return is May 13.
The closings come as Bed Bath & Beyond is also shutting down operations. Bed Bath & Beyond has 52 stores in Texas.
- ◦Sale/Acquisition
- ◦Economy