Up to 25 Tuesday Morning Stores closing

[giantsfan2016]

FROM CLARK.COM

Tuesday Morning â€" Two dozen stores may be shuttered

Tuesday Morning announced that it plans to close between 20 and 25 this year.

“Over the next 12 months approximately 25% of our store fleet comes up for renewal,” CEO Steven Becker revealed during a recent earnings call. “We will aggressively renegotiate our rents and we’ll close stores opportunistically should those negotiations not result in a reasonable outcome for Tuesday Morning.”

In addition, the home décor chain plans to relocate 12 to 15 stores, expand one location and open up to a dozen new shops in 2019.

[TheFugitive]

The one at the Great Southern Shopping Center in Bridgeville, PA closed recently.

A friend of mine says she was told that the shopping center's management had
refused to renew their lease.