Tuesday Morning Corporation Appoints Terry Burman to Board of Directors
DALLAS, Feb. 5, 2013 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation
(Nasdaq:TUES), a leading closeout retailer with over 830 stores across the
United States specializing in selling deeply discounted, upscale home
furnishings, housewares, gifts and related items, today announced that retail
executive Terry Burman has been appointed as an independent member of the
Company's Board of Directors, effective as of February 4, 2013.
Until 2011, Mr. Burman served as CEO of Signet Jewelers, the largest specialty
retail jeweler in the U.S. and U.K., which operates under various names
including Kay Jewelers and Jared the Galleria of Jewelry brand names. During
his more than 15 years at Signet, Kay Jewelers alone grew into the nation's
largest specialty retail jewelry brand with over 900 retail stores and annual
sales of $1.5 billion; while Jared grew from three stores to more than 175
locations and annual sales of $750 million. Prior to Signet, Mr. Burman held
positions with California-based Barry's Jewelers, Inc., eventually serving as
President & CEO. Mr. Burman has received numerous industry awards, including
the American Gem Society Lifetime Achievement Award in 2010; one of the
highest honors an individual can receive from the American Gem Society.
"Terry Burman brings proven, specialty retail turnaround experience to Tuesday
Morning – a critical skill set as the Board focuses on improved performance
going forward," said Steven R. Becker, Chairman of the Board. "We are pleased
that hehas joined the Board, and look forward to his contributions."
Mr. Burman currently serves on the board of the Yankee Candle Company, the St.
Jude Children's Research Hospital Board of Governors as First Vice Chair, and
the Board of Directors for St. Jude's fundraising organization, ALSAC.
ABOUT TUESDAY MORNING
Tuesday Morning is a leading closeout retailer of upscale, decorative home
accessories, housewares and famous-maker gifts in the United States. The
Company opened its first store in 1974 and currently operates over 830 stores
in 43 states. Tuesday Morning is nationally known for bringing its more than
9.0 million loyal customers a unique treasure hunt of high-end, first quality,
brand name merchandise . . . never seconds or irregulars . . . at prices well
below those of department and specialty stores and catalogues.
CONTACT: Jennifer Sanders
Perry Street Communications
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