Tuesday Morning becomes 5th big retailer to file Chapter 11; 230 stores to close

Tuesday Morning becomes 5th big retailer to file Chapter 11; 230 stores to close
A Tuesday Morning location in Atlanta, Ga., is seen on Wednesday afternoon. The retailer is the latest to file bankruptcy and plans to close 230 locations, including this one. (Source: Travis Leder/Gray News)

NEW YORK (AP) — Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.

As part of the bankruptcy reorganization, the Dallas-based chain said Wednesday it plans to close approximately 230 of its 687 stores over the summer to focus on high-performing locations and will do so with a phased approach.

The company's CEO, Steve Becker, blamed the company's misfortune on the coronavirus closures.

“The prolonged and unexpected closures of our stores in response to COVID-19 has had severe consequences on our business," he said. "Prior to the pandemic, we were gaining momentum in our merchant organization, growing our vendor base and improving brands, assortment and value for our customers, while investing in our technology and corporate leadership team. However, the complete halt of store operations for two months put the Company in a financial position that can be effectively addressed only through a reorganization in Chapter 11.”

Tuesday Morning joins J.C. Penney, luxury department store chain Neiman Marcus, J.Crew and Stage Stores in filing for Chapter 11 since the pandemic that forced many stores selling non-essential goods to close resulting in evaporating sales.

A first wave of closures includes 133 stores in the following locations:

Alabama

Cullman, Gadsden, Montgomery

Arizona

Tucson

Arkansas

Conway, Little Rock

California

Aliso Viejo, Culver City, Elk Grove, Estero, Eureka, Fresno, Monterey, Pasadena, Placentia, Pleasanton, San Clemente, San Luis Obispo, Thousand Oaks, Westchester, Vacaville, Visalia

Colorado

Colorado Springs

Delaware

Wilmington

Florida

Apopka, Boca Raton, Coral Springs, Daytona Beach, Hollywood, Kissimmee, Largo, Naples, Orange Park, Pembroke Pines, Royal Palm Beach, St. Petersburg, Tequesta, West Palm Beach

Georgia

Atlanta, Canton, Columbus, Dunwoody, Fayetteville, McDonough, Norcross

Idaho

Idaho Falls, Pocatello Illinois Downers Grove, Napierville, Wheaton

Indiana

Bloomington, Indianapolis, Merrillville

Iowa

Marion

Kansas

Manhattan, Topeka, Wichita

Maryland

Glen Burnie, Salisbury, Towson

Michigan

Canton, Roseville

Minnesota

Richfield, Woodbury

Missouri

Chesterfield, St. Louis

Nebraska

Omaha

New Jersey

East Hanover, Middletown, Paramus, Ramsey, South Plainfield, Toms River, Watchung

New York

Albany, Amherst, Victor

North Carolina

Raleigh

Ohio

Columbus, Poland, Rocky River, Solon, Springdale

Oregon

Portland

Pennsylvania

Harrisburg, Mechanicsburg, Pittsburgh, Pleasant Hills, Quakertown Wilkes Barre

Tennessee

Chattanooga, Knoxville, Nashville

Texas

Arlington, Austin, Clute, Dallas, Irving, Lufkin, Murphy, Pasadena, Richardson, San Antonio

Utah

Bountiful

Virginia

Bailey’s Crossroads, Centreville, Christiansburg, Fairfax, Fredericksburg, Richmond, Stafford, Sterling, Vienna, Warrenton, Virginia Beach

Washington

Bellevue Federal Way, Lynnwood, Kirkland, Tacoma, Tukawila

Wisconsin

Green Bay, Middleton

Copyright 2020 Associated Press. All rights reserved. Gray Media Group, Inc., contributed to this report.