Content about Tuesday Morning

August 20, 2013

Closeout retailer Tuesday Morning announced the appointment of Michael Rouleau to CEO, effective immediately.

DALLAS — Closeout retailer Tuesday Morning announced the appointment of Michael Rouleau to CEO, effective immediately. Rouleau, who was appointed interim chief executive in March 2013, will also continue to serve on the company's board of directors, which he joined in November 2012.

August 15, 2013

Tuesday Morning Corp. is ceasing e-commerce operations to focus on providing in-store assortments.

Dallas -- Tuesday Morning Corp. is ceasing e-commerce operations to focus on providing in-store assortments. A statement on the retailer’s website says that due to the nature of its closeout business, it will no longer sell items online but instead focus on the quality and price of assortments in its stores.

July 9, 2013

Tuesday Morning Corp. reported that its fiscal fourth-quarter revenue rose 2.9% to $202.1 million.

Dallas -- Tuesday Morning Corp. reported that its fiscal fourth-quarter revenue rose 2.9% to $202.1 million. Same-store sales for the period ended June 30 increased 4.6%.  

The discounter Tuesday Morning Corp. said traffic climbed 6.2%. The average receipt fell 1.6%.

The retailer's full-year revenue was up 3% to $838.3 million from $812.8 million. Same-store sales rose 3.9%.  
 

May 17, 2013

Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination.

Dallas -- Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination. Mason, who was fired last June, alleges that Tuesday Morning mistreated and then terminated her within months after learning she was suffering from breast cancer.

October 22, 2012

Tuesday Morning Corp. reported a loss of $7 million for the quarter ended Sept. 30, widened from a loss of $5.7 million in the year-ago quarter.

Dallas -- Tuesday Morning Corp. on Monday reported a loss of $7 million for the quarter ended Sept. 30, widened from a loss of $5.7 million in the year-ago quarter.

The clearance retailer’s new CEO Brady Churches also announced the departure of executive VP and COO Michael Marchetti, a 12-year veteran of Tuesday Morning.

In the first quarter, the company saw revenue edge up 1.3% to $172.8 million and same-store sales increased 1.7%.

September 4, 2012

Tuesday Morning announced that it has named former Big Lots head Brady Churches as its new CEO, stepping in for former CEO Kathleen Mason who was terminated by the company in June.

Dallas -- Tuesday Morning announced Tuesday that it has named former Big Lots head Brady Churches as its new CEO, stepping in for former CEO Kathleen Mason who was terminated by the company in June.

Mason has since filed suit against the closeout retailer, alleging that she was fired because she disclosed that she has breast cancer.

Churches’ appointment is effective immediately. His most recent position was as president of Marketing Results Ltd. Prior to that he was president of Big Lots.
 

August 3, 2012

Kathleen Mason, former president and CEO of Tuesday Morning Corp., has filed disability discrimination charges against the retailer, alleging she was removed after disclosing to the board that she was battling breast cancer.

Dallas -- Kathleen Mason, former president and CEO of Tuesday Morning Corp., has filed disability discrimination charges against the retailer, alleging she was removed after disclosing to the board that she was battling breast cancer.

"The board's attitude toward Kathleen changed after it learned of her breast cancer diagnosis and treatment,’ said attorney Roger Dunn, of Clouse Dunn Dunn LLP, Dallas, who is representing Mason, in a statement on Friday.

June 7, 2012

Tuesday Morning Corp. said it has ousted CEO Kathleen Mason and will launch a search for a new chief executive.

Dallas -- Tuesday Morning Corp. said Wednesday it has ousted CEO Kathleen Mason and will launch a search for a new chief executive.

Mason was named president and CEO in 2000 and has come under fire as the closeout retailer has suffered slowing sales and widening losses.

Tuesday Morning also announced that executive VP and COO Michael Marchetti has been promoted to president and COO and will service as interim CEO until a successor for Mason is found.

May 24, 2012

Commercial Retail Advisors said that Tuesday Morning will be relocating a store to the neighborhood center Ventana Village.

Tucson, Ariz. -- Commercial Retail Advisors said that Tuesday Morning will be relocating a store to the neighborhood center Ventana Village.

The new, 10,000-sq.-ft. Tuesday Morning store is slated to open on Aug. 1.

Ventana Village is anchored by Bashas' Marketplace.
 

January 24, 2012

Tuesday Morning Corp. reported Monday that net income for the quarter ended Dec. 31 fell 8% to $15.9 million.

Dallas -- Tuesday Morning Corp. reported Monday that net income for the quarter ended Dec. 31 fell 8% to $15.9 million.

Revenue for the quarter dipped 2.2% to $273.1 million.

Investors were prepared for the news because the company previously reported the lower revenue figures earlier this month.
 

October 11, 2011

Tuesday Morning Corp. reported Tuesday that net sales for the quarter ended Sept. 30 edged down 1.2% to $170.7 million, compared with $172.8 million in the year-ago period.

Dallas -- Tuesday Morning Corp. reported Tuesday that net sales for the quarter ended Sept. 30 edged down 1.2% to $170.7 million, compared with $172.8 million in the year-ago period.

Same-store sales for the period declined 4.1%, comprised of a 5.2% decrease in traffic offset by a 1.1% increase in average ticket.
 

July 13, 2011

Tuesday Morning Corp. reported Wednesday that revenue for the quarter ended June 30 declined 3% to $194.8 million, compared with $200.8 million in the year-ago period.

Dallas -- Tuesday Morning Corp. reported Wednesday that revenue for the quarter ended June 30 declined 3% to $194.8 million, compared with $200.8 million in the year-ago period.

Same-store sales dropped 4.5% in the quarter.

The closeout retailer cut its guidance for the year.

For the full year, revenue dipped almost 1% to $821.3 million. Same-store sales fell 1.2%.
 

June 2, 2011

Transwestern’s Chicago Retail Advisory Services team said Wednesday it represented Tuesday Morning in five transactions across the Chicagoland area totaling 95,416 sq. ft.

Chicago -- Transwestern’s Chicago Retail Advisory Services team said Wednesday it represented Tuesday Morning in five transactions across the Chicagoland area totaling 95,416 sq. ft.

April 12, 2011

Tuesday Morning Corp. reported Tuesday that sales for the quarter ended March 31 rose 1.3% to $174.3 million, compared with $172 million in the year-ago period.

Dallas -- Tuesday Morning Corp. reported Tuesday that sales for the quarter ended March 31 rose 1.3% to $174.3 million, compared with $172 million in the year-ago period.

Same-store sales edged up 0.7%, as traffic dipped 3.2% and average ticket increased 3.9%.

The retailer said it expects capital expenditures of $19 million and to end the fiscal year with 10 to 13 more stores than at the end of the previous year.

January 25, 2011

Tuesday Morning Corp. said Monday that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

Dallas -- Tuesday Morning Corp. said Monday that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.

According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.

December 23, 2010

Tuesday Morning has signed a lease for 20,000 sq. ft. at Village Crossing in Niles, Ill., a North Shore suburb of Chicago.

Niles, Ill. -- Tuesday Morning has signed a lease for 20,000 sq. ft. at Village Crossing in Niles, Ill., a North Shore suburb of Chicago.

According to Oakbrook Terrace-based Mid-America Asset Management, the exclusive leasing representative for the center, Tuesday Morning plans to open in January 2011 as a new anchor, joining Dick’s Sporting Goods, Jewel/Osco and Pier 1 Imports.

October 25, 2010

Tuesday Morning Corp. reported late Monday that it reduced its loss in the quarter ended...

August 22, 2010

Tuesday Morning Corp. said Monday that it returned to a fourth-quarter profit as sales climbed...

January 25, 2010

Tuesday Morning Corp. reported Tuesday that net sales for the second quarter increased 6.2%, $289.6...

October 26, 2009

Following an announcement earlier this month that its sales for the first quarter ended Sept....

January 26, 2009

Tuesday Morning reported Tuesday that net sales for the second quarter of fiscal 2009, ended...

October 27, 2008

Tuesday Morning Corp. announced Tuesday that net sales for the first quarter of fiscal 2009...

August 25, 2008

Tuesday Morning Corp. reported that sales for its 2008 fiscal year were down 4.2% from...

April 28, 2008

Tuesday Morning Corp. said Tuesday it swung to a loss in the fiscal third quarter,...

January 4, 2006

Dallas, Tuesday Morning...