Tuesday Morning Store Closings Could Affect 8 In Maryland

MARYLAND — The low cost dwelling items retailer Tuesday Morning Corp., which has ten shops in Maryland, plans to shut a few of them after submitting for Chapter 11 chapter safety earlier this month.

Dallas-based Tuesday Morning will shut 263 shops nationwide positioned in “low-traffic areas,” the corporate stated in a press release. In Maryland, eight of the ten Tuesday Morning shops are closing quickly:

• 1171 Maryland Ave., South Finish Purchasing Heart, Hagerstown
• 121 Hillsmere Drive, Bay Ridge Plaza, Annapolis
• 13822 Georgia Ave., Northgate Plaza, Silver Spring
• 1447 Rock Spring Street, Rock Spring Purchasing Heart, Bel Air
• 15500 Annapolis Street, Free State Purchasing Heart, Bowie
• 1616 East Jefferson St., Congressional Plaza, Rockville
• 9150 Baltimore Nationwide Pike St. John’s Plaza, Ellicott Metropolis
• 139 Ritchie Hwy., Magothy Gateway, Severna Park

That leaves solely two shops within the chain in enterprise after the shutdowns: at 380 Thompson Creek Street in Stevensville and 210 Marlboro Avenue, Suite 47, in Easton.

Within the Feb. 14 chapter submitting, Chief Govt Andrew Berger cited “exceedingly burdensome debt.” In a press release, Tuesday Morning stated it had secured a $51.5 million debtor-in-possession dedication from Invictus World Administration to help operations through the chapter proceedings.

“We have now decided that one of the best path to reorganizing and reworking the corporate begins with a Chapter 11 submitting,” Berger stated in a press release. “Fortuitously, we’ve the help of a dedicated capital supplier in Invictus and a transparent imaginative and prescient for remodeling right into a targeted retailer that serves its core, heritage markets in a worthwhile method.”

The corporate stated the “focused strategy to winding down unprofitable and underperforming shops will place Tuesday Morning to emerge from chapter with a worthwhile, cash-generating retailer fleet that serves its most engaged and constant prospects.”

General, the corporate has 487 shops in 40 states that make use of about 1,600 full-time and 4,700 part-time workers.