Finance

Financial Struggles Force National Discount Retailer to Close Four Stores in Raleigh: All Items on Sale | Ash Jurberg


Four stores are closing in Raleigh, North Carolina, as the retail industry suffers from falling sales.

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The retail industry is struggling with major chains closing stores across the United States.

At least 860 retail stores will close in 2023, with the possibility of more to come.

One of the most affected businesses is the popular discount retailer Tuesday Morning. The company has announced the closure of all four stores in Raleigh, North Carolina, as the struggling business has filed for bankruptcy for the second time in three years.

The move will “enable the company to reduce its outstanding liabilities, obtain the significant and necessary capital, and ultimately transform into a nimbler retailer that serves heritage markets in a profitable manner.”

Tuesday Morning will close half its 487 stores across the United States, including seventeen in North Carolina. Before its first bankruptcy filing, the chain had 687 stores.

However, there is a silver lining in these closures.

The stores that are closing have listed everything within the store on sale, so savvy shoppers can take advantage by finding significant savings.

No closing date has been announced, but shoppers should act quickly to take advantage of heavily discounted items. Items are only on sale at the stores below.

Tuesday Morning stores closing in Raleigh:

  • Creekside Crossing Shopping Center, 404 E Six Forks Road, Suite 101A, Raleigh, NC 27609
  • South Hills Mall, 1297 Buck Jones Road Raleigh, NC 27606
  • Brennan Station, 8111 Creedmoor Road, Raleigh, NC 27613
  • Wakefield Crossing Shopping Center, 13200 New Falls Of Neuse Road, Raleigh, NC 27614

In addition, these two stores nearby are also closing.

  • Beaver Creek Crossing South, 1595 Beaver Creek Commons Dr, Apex, NC 27502
  • New Hope Commons Shopping Center, 5426 New Hope Commons Dr, Durham, NC 27707

Other major brands, including Walmart, Macy’s, Best Buy, Amazon, Target, CVS, Gap, and Bed Bath & Beyond, are also closing nationwide.

For the latest list of all stores closing in North Carolina, please check out this article. To keep up to date with the latest retail developments but sure to follow me.

Your thoughts

Do these store closures affect you? Are you concerned about the number of stores closing around North Carolina and the loss of jobs? Will you visit one of these stores to find a bargain? Should the government offer more financial support for struggling retail businesses?

Please leave your thoughts in the comment section below and share this article on social media so more people can join the discussion.



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