CBS 42

Tuesday Morning closing 10 stores in Alabama

394877 03: A woman walks past a store closing sign September 24, 2001 in Times Square in New York City. While the economy in New York and the rest of the nation had been showing signs of recession before September 11, the terrorist attack on the World Trade Center in New York has further affected the economy by scaring away tourists and closing some businesses in lower Manhattan. (Photo by Spencer Platt/Getty Images)

BIRMINGHAM, Ala. (WIAT) — Tuesday Morning, a chain dedicated to selling home decor at discounted prices, will be closing several stores in Alabama.

The company, which currently operates 487 stores across 40 states, filed for Chapter 11 bankruptcy last month, stating that it was planning on closing stores in low-traffic regions while allocating proper resources to remaining stores in high-traffic regions.

As part of the bankruptcy, Tuesday morning will be closing over 250 stores nationwide.

“After considering how best to address Tuesday Morning’s exceedingly burdensome debt, we have determined that the best path to reorganizing and transforming the Company begins with a Chapter 11 filing,” said Andrew Berger, CEO and director of Tuesday Morning, in a statement provided to businesswire.com. “Fortunately, we have the support of a committed capital provider in Invictus and a clear vision for transforming into a focused retailer that serves its core, heritage markets in a profitable manner. We look forward to taking steps that enable us to emerge as a stronger retailer that draws on a legacy of offering a unique off-price value proposition to our loyal customer base. We appreciate all the support of our employees, customers, creditors and other partners as we seek to sustain commercial operations with minimal disruptions.”

This is the second time Tuesday Morning has filed for bankruptcy in three years.

Here is a list of the Tuesday Morning stores that will be closing across Alabama:

With the closures, Alabama will only have six remaining Tuesday Morning stores.

No date has been set for when the stores will close.