DALLAS -- Tuesday Morning Corp., a Dallas-based discount retail chain, said it has entered into a $45 million secured, three-year, revolving-credit facility with BankAmerica Business Credit.
The proceeds are to be used to repay current bank loans and provide for on-going credit needs.
Tuesday Morning operates 235 stores in 32 states, which open at limited times during peak selling seasons with prices 50% to 80% below standard retail prices.