Tag Archives: Tuesday Morning

Tuesday Morning Tabs Wade for Board

Jim Wade

DALLAS-Jim Wade, retired president of Advance Auto Parts, has been named as an independent member of the board of directors of closeout retailer Tuesday Morning. Wade joined Advance Auto Parts as treasurer in 1994 and later served as the auto products retailer’s chief financial officer and executive vice president and customer development officer-commercial before beingMore »

Tuesday Morning Ups Hixon to Head Store Operations

Tuesday Morning

DALLAS-Phillip Hixon, Tuesday Morning’s vice president of store planning, has been promoted to senior vice president of store operations. The move puts Hixon in charge of all aspects of the closeout retailer’s store operations. He reports to CEO Michael Rouleau, and is succeeding Don Mierzwa, who is retiring. Hixon joined Tuesday Morning last year. PriorMore »

Davidson Named Marketing SVP at Tuesday Morning

Susan Davidson

DALLAS-Tuesday Morning has appointed Susan Davidson senior vice president of marketing. In her new role, Davidson is responsible for developing marketing programs, driving customer traffic, expanding same-store sales and strengthening the consumer bond with Tuesday Morning. She reports directly to CEO Michael Rouleau. Davidson is succeeding Ross Manning, who has left the closeout retailer toMore »

Tuesday Morning CEO Ramps Up Turnaround Efforts

Michael Rouleau

DALLAS-Tuesday Morning narrowed its third-quarter net loss from $12.4 million to $8.4 million, and is set to begin what its CEO, Michael Rouleau, termed the final phase of its turnaround. The retailer’s numbers for the quarter, which ended on March 31, improved thanks to increased sales and more effective cost controls. Net sales rose 2.6More »

Tuesday Morning Appoints Hamlin, Smith to Board

Sherry Smith

DALLAS-The Tuesday Morning board of directors has named Frank Hamlin and Sherry Smith as independent members. Hamlin is executive vice president of marketing for Guitar Center. Smith most recently served as executive vice president and chief financial officer of Supervalu. Hamlin has been designated to serve on the nominating and governance committee, and Smith willMore »

Tuesday Morning Goes from Loss to Gain in Q2

Tuesday Morning

DALLAS-Thanks to what CEO Michael Rouleau called “a disciplined program aimed at improving operations,” Tuesday Morning turned its bottom line from red to black in its fiscal second quarter, posting $17.7 million in net income compared to a net loss of $21.5 million one year ago. The improvement in the closeout retailer’s operations can beMore »

Tuesday Morning Loss Widens in Q1

Tuesday Morning

DALLAS-With product margins suffering and a sharply reduced income-tax benefit, Tuesday Morning saw its first-quarter net loss grow from $7 million last year to $12 million this year. As Jeff Boyer, the retailer’s chief financial officer, explained during a conference call to financial analysts yesterday, the loss included the absorption of revenue from discontinued businesses,More »

Boyer Named to Head Tuesday Morning Administration, Finance

Tuesday Morning

DALLAS-Tuesday Morning has appointed Jeffrey Boyer executive vice president, chief administrative officer and chief financial officer. The move puts Boyer in charge of the closeout retailer’s administrative and financial operations. As chief administrative officer, he is filling a post that had been vacant for some time. As chief financial officer, he is succeeding Stephanie Bowman,More »