Home goods retailer Tuesday Morning closing more than half of its locations after bankruptcy filing

More than half of Tuesday Morning home goods stores nationwide will close this year in a move that was announced just one month after the company filed for bankruptcy. 

The closings will impact some 263 stores across 38 states and closing sales are currently underway. 

The closures come after the company filed for Chapter 11 bankruptcy on February 14 in Fort Worth, Texas. 

Chapter 11 bankruptcy allows the company to reorganize their business structure and debts and go private. 

In February, officials said their bankruptcy filing would ‘enable the company to reduce its outstanding liabilities, obtain significant and necessary capital, and ultimately transform into a nimbler retailer.’ 

Home Goods is planning to shutter nearly half of its Tuesday Morning stores nationwide in a move that was announced just one month after the company filed for bankruptcy

This map illustrates the states which will see the closing of one or more Tuesday Mornings

The closings will impact 263 stores across 38 states and closing sales are currently underway 

The states impacted by the closings and the number of stores closing per state can be found below: 

• Alabama (10)
• Arkansas (2)
• Arizona (11)
• California (31)
• Colorado (16)
• Delaware (2)
• Florida (24)
• Georgia (12)
• Iowa (3)
• Idaho (1)
• Illinois (5)
• Indiana (5)
• Kansas (1)
• Kentucky (6)
• Louisiana (2)
• Maryland (8)
• Michigan (3)
• Minnesota (3)
• Missouri (4)
• Mississippi (2)
• North Carolina (17)
• Nebraska (1)
• New Jersey (1)
• New Mexico (2)
• Nevada (4)
• New York (3)
• Ohio (7)
• Oklahoma (2)
• Oregon (6)
• Pennsylvania (6)
• South Carolina (6)
• South Dakota (1)
• Tennessee (10)
• Texas (24)
• Utah (4)
• Virginia (12)
• Washington (4)
• Wisconsin (2)

On their website, the home decor retailer shares the exact locations closing across the US.

‘Everything on sale,’ the company advertises. ‘Stores closing. Save big on our original low prices.’

Tuesday Morning representatives said in February in their bankruptcy filing the closures will allow them to focus all of their energy on their higher-traffic locations. 

‘The Company believes this targeted approach to winding down unprofitable and underperforming stores will position Tuesday Morning to emerge from bankruptcy with a profitable, cash-generating store fleet that serves its most engaged and loyal customers,’ the SEC filing states. 

The closures take the store count down from 478 to now 215. 

‘After considering how best to address Tuesday Morning’s exceedingly burdensome debt, we have determined that the best path to reorganizing and transforming the Company begins with a Chapter 11 filing,’ said CEO Andrew Berger in February.   

‘We look forward to taking steps that enable us to emerge as a stronger retailer that draws on a legacy of offering a unique off-price value proposition to our loyal customer base,’ Berger continued. 

If the company meets all Chapter 11 bankruptcy filing requirements, they plan to go private by September. 

According to Retail Dive, A&G Real Estate Partners will auction off all 263 locations. 

This is not the company’s first bankruptcy filing, however. 

In March 2020, Tuesday Morning filed for bankruptcy and then closed hundreds of stores during the COVID-19 pandemic. 

Before that, the company had operated around 700 locations. 

The closures come as other major retailers including JCPenney, Walmart, Best Buy, Bed Bath & Beyond, Macy’s, Party City and more have announced they will close stores this year. 

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According to Retail Dive, A&G Real Estate Partners will auction off all 263 locations 

Tuesday Morning representatives said in February in their bankruptcy filing the closures will allow them to focus all of their energy on their higher-traffic locations

A Tuesday Morning store in Greenlawn, New York seen with ‘store closing’ signs in February

Homeware giant Bed Bath & Beyond is planning to close 416 of its stores this year as the struggling retailer struggles to stay afloat

While some stores like Bed Bath & Beyond are hoping to avoid bankruptcy, Walmart officials said they are only shuttering underperforming locations 

This chart shows some of the companies planning to close stores throughout 2023

Party City stores continue to announce closures as industry struggles plague America’s big box retailers

Iconic department store Macy’s is also among those to announce closures for this year, as it is set to close four stores across California, Colorado, Hawaii and Maryland

GAP, the parent company of Old Navy and Banana Republic, has said they will close 350 locations by the end of 2023.

Bed Bath & Beyond announced they also would be closing hundreds of stores this year in an effort to avoid bankruptcy. 

The retailer once owned more than 1,500 stores across America, but a recent purge has seen it aim to end the year at just 480.

Walmart officials said they are only shuttering underperforming locations.