Tuesday Morning Files For Chapter 11 Bankruptcy

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(Dallas, TX)  —  Another North Texas retailer is seeking Chapter 11 bankruptcy protection due to the coronavirus pandemic.

Tuesday Morning announced today it needed to reorganize to strengthen its overall financial position.  CEO Steve Becker says things were going great from a business standpoint until the pandemic hit and forced them to shut down for two months.

The Dallas-based retailer will shut down underperforming stores and hopes to emerge from bankruptcy later this year.

 

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