Tuesday Morning files voluntary petitions for Chapter 11 bankruptcy

Tuesday Morning Corp. filed voluntary petitions for protection under Chapter 11 bankruptcy, in response to the strain of the Covid-19 pandemic and related store closures have put on the company, a news release shows.  The Dallas-based home goods off-price retailer plans to close about 230 of its 687 stores with phased approach over the summer. The company has requested bankruptcy court approval to close at least 132 locations in a first phase and eventually its distribution center in Phoenix that…