In September, the Dallas-based retailer announced getting a new backer following its emergence from bankruptcy—one that’s familiar with the business and also owns local consumer brands Pier 1 Imports and RadioShack.
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Fred Hand
A Tuesday Morning store. [Photo: Business Wire]
Tuesday Morning Appoints New Chief Executive Officer, COO
by Lance Murray | Nov 12, 2022
The appointment of Andrew Berger follows the announcement that Fred Hand would be retiring from the CEO' s post and as a member of the company's board of directors.
In September, the Dallas-based retailer announced getting a new backer following its emergence from bankruptcy—one that’s familiar with the business and also owns local consumer brands Pier 1 Imports and RadioShack.
In September, the Dallas-based retailer announced getting a new backer following its emergence from bankruptcy—one that’s familiar with the business and also owns local consumer brands Pier 1 Imports and RadioShack.
by Dallas Innovates | Staff Report |
Sep 12, 2022
California-based Retail Ecommerce Ventures—which owns Pier 1, Stein Mart, Linens ‘n Things, and RadioShack, among other companies—is making a strategic investment in Tuesday Morning and its 490 stores in 40 states through a $32 million convertible debt financing deal.
“We believe this milestone transaction will strengthen our financial position and provide sufficient liquidity to execute on our strategic plan, allowing us to maintain strong relationships with our valued partners and elevate offerings for our customers,” says Fred Hand, Tuesday Morning’s CEO.
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by Kevin Cummings |
Sep 9, 2022
In this week’s North Texas deal flow, you’ll also find news about Dallas startup VRGL raising $15M six months after launching, S2 Capital’s $400M multifamily investment fund, CBRE leading $125M Series E for proptech firm VTS, CVS Health acquiring Signify Health for $8B, BenefitMall’s latest acquisition, and more.
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