Discount retailer Tuesday Morning has announced it will close three of its 13 Indiana stores, including two of its three Indianapolis locations, as the Dallas-based chain makes its way through bankruptcy.
The company filed for Chapter 11 bankruptcy protection May 27, citing “the immense strain the COVID-19 pandemic and related store closures have put on the business.”
The company will close its south-side Indianapolis store, 8705 Hardegan St., just north of Greenwood Park Mall, as well as its Willow Lake East store, 2620 Lake Circle Drive, just north of West 86th Street on the city’s north side.
Both locations will remain open during liquidation. Employees at the stores said they did not know their last day of operations.
The two Indianapolis stores that are closing, as well as a Bloomington location, are among 133 stores affected by what Tuesday Morning described in a bankruptcy document as a “Wave 1” of store closures.
Tuesday Morning’s 10 other Indiana stores are not on that list. Those locations include 6935 Lake Plaza Drive, just east of Binford Boulevard on the city’s northeast side, as well as one location each in Carmel and Fishers.
In the May 27 filing, the company said that its “management team and advisers continue to evaluate whether certain of the closing stores should instead remain open and whether additional stores beyond the closing stores should be closed.”
The total number of stores will depend in part on whether Tuesday Morning can negotiate more favorable lease terms and rent reductions for certain locations, the filing said.