Tuesday Morning Corporation filed a motion in the US Bankruptcy Court for approval of auction procedures to select a liquidation agent on February 14, 2023. Pursuant to the agency agreement, the entity selected as the highest and best bidder at the auction and approved by the Court would purchase the Inventory (464 retail locations) for a guaranteed percentage of its net retail value and use its best efforts to sell the furniture, fixtures, and equipment for a commission. The next hearing is scheduled for February 15, 2023 virtually.