The ongoing financial issues of discount retailer Tuesday Morning has led to them selling everything in the store- including fixtures and equipment.
Last month I wrote an article about the discount retailer known as Tuesday Morning closing twenty-five of its stores in Florida.
All items were on sale, but now there is a new development with the company literally selling everything in the store- including fixtures and equipment.
Let's take a look at the ongoing story.
Tuesday Morning was founded in Texas in 1974.
Several years ago, it had 687 stores across the United States, but it has faced many financial issues since then. Last month the company filed for bankruptcy; it was the second bankruptcy filing for the company in three years.
At the time of the filing, it also announced it would close over half of its stores, including 24 in Florida. In 2020, it closed 16 stores in Florida.
Once these stores are closed, there will be just 215 left in the United States, and Florida will have gone from 56 Tuesday Morning stores to sixteen in just three years.
In announcing the store closures, the company stated it would:
““Enable the company to reduce its outstanding liabilities, obtain the significant and necessary capital, and ultimately transform into a nimbler retailer that serves heritage markets in a profitable manner.”
Tuesday Morning stores closing in Florida:
- 1000 Immokalee Road, Granada Shoppes, Naples, FL 34110
- 11692 US Highway 1Shoppes of Oak Brook, Palm Beach Gardens, FL 33408
- 1377 Wendy Court, Nature Coast Commons, Spring Hill, FL 34607
- 15702 North Dale Mabry Highway, Northdale Promenade, Tampa, FL 33618
- 13300 S Cleveland Avenue, Cypress Trace, Fort Myers, FL 33907
- 15271 McGregor Boulevard, McGregor Pointe Shopping Center, Fort Myers, FL 33908
- 1615 Sun City Center Plaza, Sun City Center Plaza, Sun City Center, FL 33573
- 2447 North Wickham Road, Lake Washington Square, Melbourne, FL 32935
- 2561 Countryside Boulevard, Countryside Centre, Clearwater, FL 33761
- 2661 South Woodland Boulevard, West Volusia Shopping Center, Deland, FL 32720
- 3728 SW Archer Road, Butler Plaza Central, Gainesville, FL 32608
- 4127 S Tamiami Trail, Venice Village Shoppes, Venice, FL 34293
- 4489 E Commons Drive West, Plantation Commons, Destin, FL 32541
- 4768 S Tamiami Trail. Landings Shopping Center, Sarasota, FL 34231
- 486 US Hwy 27, Lady Lake Crossing, Lady Lake, FL 32159
- 5502 Cortez Road West, Cortez Commons, Bradenton, FL 34210
- 701 South Orlando Avenue, Hollieanna Shopping Center, Winter Park, FL 32789
- 745 N Courtenay Pkwy, Palm Cay Plaza, Merritt Island, FL 32953
- 7777 N Wickham Rd, Suntree Plaza, Melbourne, FL 32940
- 7895 Dr. Martin Luther King Jr St N, Gateway Market Center, St. Petersburg, FL 33702
- 840 A1A North, Corridors at Ponte Vedra, Ponte Vedra Beach, FL 32082
- 949 East McNab Road, Pompano Plaza, Pompano Beach, FL 33062
- 7949 113th St. N, Seminole City Center, Seminole, FL 33772
- 2420 S Washington Ave, Titus Landing, Titusville, FL 32780
The stores listed for closure above offered sales on all items, and savvy shoppers took advantage of this by snapping up bargains.
Now the website has been updated to state that even the store fixtures and equipment can be bought, advising customers to speak with the store manager.
It remains to be seen how much extra funds the business will gain from selling off fixtures and equipment, and customers buying merchandise on sale at Tuesday Morning stores closing due to bankruptcy should note that returns are not allowed.
I will continue to update readers with any new developments in this story.
For the latest list of all stores closing in Florida, please check out this article. To keep up to date with the latest retail developments but sure to follow me.
Do these store closures affect you? Will you visit one of these stores to find a bargain? Are you concerned about the number of retail stores closing in Florida? Should the government offer more financial support for struggling retail businesses?
Please leave your thoughts in the comment section below and share this article on social media so more people can join the discussion.
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