Dallas-based Tuesday Morning is closing 263 stores in 2023 across the country, including a Northeast Florida location in Ponte Vedra Beach.
The store is at 840 Florida A1A N. in the Corridors at Ponte Vedra. The 8,280-square-foot space is next to The Fresh Market.
The Shopping Center Group represents the property and handles leasing.
TuesdayMorning.com says “Closing Everything on Sale” at the stores listed for closure.
Liquidation sales are expected to take about eight weeks.
The off-price home-goods retailer is closing stores in 38 states as it filed Feb. 14 for Chapter 11 bankruptcy protection, the second filing in three years.
It lists four stores as continuing to operate in Northeast Florida in Roosevelt Plaza and Mandarin Pointe in Jacksonville and in Fernandina Beach and St. Augustine.
The Jacksonville stores are at 4524 St. Johns Ave. and at 12200 San Jose Blvd. The Fernandina Beach location is at 2146 Sadler Road in Sadler Square and the St. Augustine store is at 1799 U.S. 1 in Seabridge Square.
BusinessInsider.com reported Feb. 15 that the Tuesday Morning chain filed for Chapter 11 bankruptcy protection Feb. 14.
It said the retailer wanted to close about 265 stores across the country, more than half of its locations, according to a document filed in bankruptcy court in U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth Division.
The states with the most closings are California, 31, Florida, 24, Texas, 24, North Carolina, 17, and Colorado, 16.
The news site said the chain also filed for bankruptcy in 2020, when it cut its store network from about 700 to 487.
CoStar.com said Tuesday Morning had 464 stores when it filed for Chapter 11.
The news site said Tuesday Morning is asking the bankruptcy court for approval to close 264 locations. The retailer’s closing list at TuesdayMorning.com includes 263 stores .
CoStar.com said Tuesday Morning’s management team determined that “immediate liquidation of the company’s inventory at its under-performing store locations under the supervision of the bankruptcy court is the best strategy to maximize value for the benefit of creditors,” according to Chapter 11documents.
The retailer expects the bulk of the proposed store closings and liquidation sales to take about eight weeks to complete, according to the filing. The sales are “necessary to maximize the value of the assets being sold,” Tuesday Morning’s team told the court.
The stores sell home décor, rugs, bedding, bath and body products, gourmet food, baby goods, toys, crafts and outdoor items.