Dallas — Tuesday Morning, a leading off-price retailer of home goods and décor, has named Fred Hand as its new chief executive officer and a member of the board of directors, effective May 17, 2021. Hand is one of the most experienced and well respected off-price retail executives, most recently serving as chief operating officer of Burlington Stores, Inc.
“We are confident Fred is the ideal choice to lead Tuesday Morning’s future growth,” says Sherry Smith, chairperson of the board. “Fred is an exceptional retailer with outstanding operating, merchandising and leadership skills, and importantly has a deep understanding of the off-price business model. His record of strong leadership at Burlington and extensive experience at other leading retailers will be instrumental in driving long term value for Tuesday Morning.”
Hand served as principal and COO of Burlington since July 2020 and was responsible for leading its stores and real estate organizations. From January 2017 through July 2020, Hand was chief customer officer/principal and prior to that served as executive vice president of stores. Prior to joining Burlington, Hand served as senior vice president, group director of stores of Macy’s, Inc. He also worked with Filene’s Department Stores and The May Department Stores Company.
Hand’s latest appointment follows the previously announced transition of Steven Becker, who is stepping down from his role as CEO and director. Becker will continue to serve in a consultancy role until September 30, 2021 to ensure a smooth transition.
Based in Dallas, Tuesday Morning opened its first store in 1974 and currently operates 490 stores in 40 states. For more information, visit www.tuesdaymorning.com.
SOURCE: Tuesday Morning Corporation