Tuesday Morning Store Of Greenlawn Closing

GREENLAWN, NY — The discount home goods retailer Tuesday Morning Corp. is closing several of its stores, including its location at 773 Pulaski Road, Greenlawn.

Dallas-based Tuesday Morning will close 263 stores in "low-traffic regions" after filing for Chapter 11 bankruptcy protection earlier this month, the company said in a statement.

The Greenlawn Plaza store's closing sale is in progress. While an official closing date was not named, the business's website says it is "closing soon."

Tuesday Morning Corp. sells brand-name home furnishings, small appliances, and gifts.

In the Feb. 14 bankruptcy filing, Chief Executive Andrew Berger cited "exceedingly burdensome debt." In a statement, Tuesday Morning said it had secured a $51.5 million debtor-in-possession commitment from Invictus Global Management to support operations during the bankruptcy proceedings.

"We have determined that the best path to reorganizing and transforming the company begins with a Chapter 11 filing," Berger said in a statement. "Fortunately, we have the support of a committed capital provider in Invictus and a clear vision for transforming into a focused retailer that serves its core, heritage markets in a profitable manner."

The company said the "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."

Overall, the company has 487 stores in 40 states that employ about 1,600 full-time and 4,700 part-time employees.

Tuesday Morning previously sought Chapter 11 bankruptcy in May 2020, closing 200 of its stores at that time, according to MarketWatch.