Tuesday Morning

Everything you wanted to know about bad retail companies but were afraid to ask!

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Saturday, November 12, 2005

Real Estate Rant

Sorry, Mo. Meant to address your observation about real estate earlier but here goes. Tuesday Morning owns the warehouse and corporate offices and the company store located near corporate. All other stores are leases. These leases are negotiated to cost the bare minimum to the corporation. Nine times out of ten these leased stores are located in less than nice shopping centers or strip malls. For instance, the East Brunswick, New Jersey store is located in Loemans Plaza. Loemans is a closeout clothing store that dominates the plaza. The other large store there is Toys Are Us but they are moving out due to the landlords refusal to renegotiate their lease. This plaza has a Dollar Store (that's where half the aisle wreckers come from), a New York style deli (very expensive food), a Score Center (computer learning place for kids), a carpet and flooring store (now we know why they couldn't sell a lot of rugs there at the TM store), and assorted other non-related stores that have no similarities to TM's merchandise mix. Corporate does not look at demographics in surrounding areas when negotiating leases. If they had they would have discovered that the surrounding area is loaded with...you guessed it....illegal aliens and low income housing. I think the only deciding factor other than low rent was the fact that it is located a mile from the New Jersey Turnpike and is easy for Staten Island, NY customers (the other half of aisle wreckers)to get to it. Next time, TM, open the store closer to New York...keep those arrogant SOB's in their home state. They come in trying to negotiate price on everything, treating TM like it's a flea market. Working at Tuesday Morning is a test of personal fortitude. The customers are arrogant, the corporate office is arrogant, and every person above store manager is a reject from failed companies pushing their bad personalities and useless ideas on hard working people who once cared about their jobs but are now fleeing in large numbers. If you doubt my words, search 'Tuesday Morning' at http://www.monster.com . Example...Dallas store...All Help Needed...same in Houston and many, many other stores. It seems the turnover rate is accelerating and the bigshits in Dallas do not care. They are running the company their way and the public (and investors) be damned. I have seen it time and again...the attitude is that if you take the job you are theirs and they can treat you any way they see fit, ethics be damned. I think it's time for Tuesday Morning Inc to be damned.

1 Comments:

At 11:06 PM, Anonymous Anonymous said...

I will like to comment my own experience with the TM stores lease conditions.While running the store one day in November 2003 the rain started purring and I had to run to get all the buckets I could find .When I went to get some in the back of the store I saw a miniature version of the Niagara Falls coming thru the air conditioner vent.All this adventure while the customers shopped whithout no worries. I had to deal with this situation less than 2 months in the store I was transfer to.I had to move the lamps from the table put towels under doors, close some isles with baskets.Then my own daugher calls me that she is in danger because of the flooding and cannot get to her destination.(Called someone else to help her).I called my regional and all they said was, I will get someone as soon as possible. That was the next day and no rain to prove my big emergency situation. I had to clean the whole dammed thing before closing so it will not damage the merchandise.The land lord said it was not their fault either.Holes in the sealing and in the summer no insulation on those spots so whoever was on those registers will be swetting all day long,then we had to provide fans to keep up with the heat and people complaining of the hot store too.I could go on and on with the many situations me as assistant manager had to go thru and never got a good job well done by the regional or zone.My manager was off that day and I think I did great.I saved the store.How ignorant I was.So if is raining at this very moment another ignorant is falling for it.By the way they said they fix it but is only a matter of time. This buildings are old and in bad shape.

 

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