TITLE

Retail Blues Hit Tuesday Morning

AUTHOR(S)
Corral, Cecile B.
PUB. DATE
November 2008
SOURCE
Home Textiles Today;11/3/2008, Vol. 29 Issue 28, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the poor financial performance of the home furnishings retailer Tuesday Morning Corp, as indicated in its 2008 fiscal quarter results. With a quarterly volume of $173.4 million, the company's sales rate decreased by 14% as compared to its $201.7 million sales in 2007. On the other hand, Tuesday Morning chief executive officer Kathleen Mason notes the company's overall inventory decrease of 11.2% from 2007 and a 15.2 % decrease in inventory per store.
ACCESSION #
35142621

 

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