Business & Tech
Tuesday Morning Store Closings: Here Are The San Diego County Closures
In its bankruptcy filing, Tuesday Morning said it is closing more than half of its 487 stores nationwide.
SAN DIEGO COUNTY, CA — The discount home goods retailer Tuesday Morning Corp., which has 37 stores in California, could close some of them after filing for Chapter 11 bankruptcy protection earlier this month.
Dallas-based Tuesday Morning will close 263 stores located in “low-traffic regions,” the company said in a statement. In California, there are 31 Tuesday Morning stores listed as closing soon. There are five San Diego County stores included on the closure list:
- San Diego: 1772 Garnet Avenue, Pacific Plaza, San Diego, CA 92109
- Carlsbad: 1824 Marron Road, North Country Plaza, Carlsbad, CA 92008
- San Diego: 3338 Governor Drive, UC Marketplace, San Diego, CA 92122
- San Diego: 4242 Camino Del Rio North, Valley Del Rio Shopping Center, San Diego, CA 92108
- El Cajon: 2983 Jamacha Road, Rancho San Diego Towne Center, El Cajon, CA 92019
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.
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“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.”
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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.
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