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Tuesday Morning Corporation Message Board

  • smaycs4 smaycs4 Jun 13, 2013 3:48 PM Flag

    Continued new highs

    Wonder if the company is being shopped ?

    Who would be an ideal strategic buyer ?

    I trust BD to do whats best here. But DO NOT SETTLE with the wench. Unless its for $1.

    Amazing what has been done with the removal of the wench. Should have been done 5+ years ago.

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    • beetleruss Jun 14, 2013 12:28 PM Flag

      A buyer would take the risk of buying the company ONLY

      • 1 Reply to beetleruss
      • beetleruss Jun 14, 2013 1:04 PM Flag

        A buyer would take the risk of buying the company ONLY if they saw a limitedl number of steps or changes that could be made to bring the company back to long-term profitability. As it stands right now, I think there's a serious question as to whether or not the basic Tuesday Morning model ITSELF is broken or not. When you look at the great success that ROST and TJX have had with the operation of their off-price stores and compare that to the extreme lack of success that TUES has experienced, one has to ask 'why'? I think a large part of the equation is the glaring lack of fashionable clothing at TUES. Except for occasional socks and underwear, TUES doesn't carry clothing for men. I've never have seen any clothing for children at TUES. Lastly, the women's clothing I've seen at TUES strikes me a 'matronly'.

        Fashionable clothing brings in the women on a more frequent basis whereas the housewares that TUES seems to focus on would seem to account for more infrequent visits. I think that this a where the problem lies. TUES stores are BORING. The lack of breadth and depth of the store's goods banish TUES stores in customer's minds to more of a scavenger hunt for bargains and TUES stores just haven't had great bargains for quite a while. I don't know if this a problem of TUES buyers not being aggressive enough or possibly a case of manufacturers operating smarter and leaner. Whatever the case, I don't see TUES stores as offering a compelling reason for shoppers to visit when compared to the likes of ROST and TJX. The small size of many TUES stores probably won't allow for any significant addition of fashionable clothing. The tired look of mostly TUES stores might not be conductive to selling fashions in any case. I look forward to going to TJ Maxx because I know that I will find a wide and consistent selection of merchandise in a bright, clean, and aesthetically fresh store. Visiting a TUES store is more like visiting a dumpy bargain basement store.

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