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Tuesday Morning files for bankruptcy

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Home goods and decor retailer Tuesday Morning Corp. filed for Chapter 11 bankruptcy.

The restructuring process is set to include the closure of stores in low-traffic areas.

“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. 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," said CEO Andrew Berger.

Read more from the Dallas Business Journal.

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