Discount Retailer Tuesday Morning Is Said to Weigh Bankruptcy

Discount home-goods retailer Tuesday Morning Corp. is exploring restructuring options including what would potentially be its second bankruptcy filing in less than two years, according to people with knowledge of the matter.

The company is getting advice from Piper Sandler Cos., the people said. Tuesday Morning has inked debt deals to give it breathing room, but has struggled amid inflation and supply chain bottlenecks. Restructuring talks are in the early stages and could change, the people said.

A representative at Dallas, Texas-based Tuesday Morning declined to comment. A representative for Piper didn’t respond to requests for comment.

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