Is Tuesday Morning about to become the latest zombie retailer, a brand existing only in the online vapers? If it follows the pattern of many of the banners controlled by its new owner, REV, that could happen. REV — Retail Ecommerce Ventures to its non-friends — along with a private equity investor, essentially bought the troubled off-pricer, putting up $35 million in financing and taking control. Tuesday currently operates 500 stores but has been struggling for some time. Its stock is off more than 90% from earlier this year.
Read what could happen to the retail chain as it enters the land of the undead in this new Business of Home post: https://businessofhome.com/articles/will-tuesday-morning-be-next-to-join-the-land-of-zombie-retailers?utm_source=daily_newsletter&utm_medium=email