Hagerstown Tuesday Morning store among more than 260 to close following Chapter 11 filing

Staff and USA Today Network reports
·2 min read

Hagerstown's location of the discount household goods chain Tuesday Morning will close later this year after the company filed for Chapter 11 bankruptcy Tuesday.

The store, in the South End Shopping Center on Maryland Avenue, is one of eight Maryland stores and one of 263 stores slated for closure as a result of the company's bankruptcy. Also closing is the store in Rehoboth Mall in Rehoboth Beach, Del. A store in Salisbury, Md., closed in 2020.

The company said in a news release that the closure of the stores and those like it was intended to transition the company towards being "a nimbler retailer" than it had been previously.

Signs advertising the store is closing and a storewide sale are seen Wednesday on the Tuesday Morning store in the South End Shopping Center on Maryland Avenue in Hagerstown. The store is one of more than 260 the company plans to close as part of its Chapter 11 bankruptcy protection.
Signs advertising the store is closing and a storewide sale are seen Wednesday on the Tuesday Morning store in the South End Shopping Center on Maryland Avenue in Hagerstown. The store is one of more than 260 the company plans to close as part of its Chapter 11 bankruptcy protection.

"After considering how best to address Tuesday Morning’s exceedingly burdensome debt, we have determined that the best path to reorganizing and transforming the Company begins with a Chapter 11 filing," said Andrew Berger, the company's CEO. "We look forward to taking steps that enable us to emerge as a stronger retailer that draws on a legacy of offering a unique off-price value proposition to our loyal customer base. We appreciate all the support of our employees, customers, creditors and other partners as we seek to sustain commercial operations with minimal disruptions."

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The company filed in U.S. Bankruptcy Court in the Northern District of Texas, with estimated assets between $100 million and $500 million and estimated liabilities in the same range. A notice on the company's website said that a store closing clearance sale would be held for the affected locations, including Hagerstown.

Didn't Tuesday Morning file for Chapter 11 before?

It is the second time in three years the company has filed for Chapter 11. The company made its first bankruptcy move in 2020 at the height of the COVID-19 pandemic. At the time, there were more than 700 locations across the U.S., a number that was cut by more than 200 after the initial bankruptcy filing.

Supply chain issues, inflation and slower consumer spending impacted the retailer, however, to the point that its debt became too much for company officials to handle. As a result, the company is attempting to "close stores in low-traffic regions while allocating the proper resources to remaining stores in high-traffic regions."

This article originally appeared on The Herald-Mail: Tuesday Morning to close more than 260 stores following bankruptcy