by Mike Duff | Sep 29, 2023 | Retail Articles
Kohl’s announced the appointment of former Tuesday Morning CEO Fred Hand to the position of senior executive vice president, director of stores. Hand reports to Kohl’s President and COO Dave Alves and becomes part of the retailer’s senior executive leadership...
by Mike Duff | Nov 22, 2022 | Retail Articles
In reporting fiscal first-quarter sales, Tuesday Morning’s new CEO Andrew Berger, who replaced a retiring Fred Hand, faced a double-digit comparable sales decline and deeper losses. The company posted a net loss of $28.2 million, or 29 cents per diluted share,...
by Mike Duff | Nov 8, 2022 | Retail Articles
After struggling to put the company on a new footing, Tuesday Morning Corp. CEO and board member Fred Hand is retiring, the company announced. In addition to Hand, Mark Katz, COO and interim CFO, and Paul Metcalf, principal and chief merchant, also have chosen to...
by Mike Duff | Sep 23, 2022 | Retail Articles
Before it announced a fourth quarter and full year loss, Tuesday Morning revealed that it had closed a strategic transaction to secure $35 million in convertible debt financing that could reshape how the company is positioned in the marketplace and raise the profile...
by Mike Duff | May 12, 2022 | Retail Articles
Net loss was $18.2 million, or 21 cents per diluted share, versus $37.1 million, or 55 cents per diluted share, in the year-prior period. For the third quarter of fiscal 2022, Tuesday Morning Corp. reported a smaller net loss but expectations of a weaker than expected...
