Tuesday Morning Corporation Appoints Acting Chief Financial Officer

DALLAS, Jan. 15 /PRNewswire-FirstCall/ -- Tuesday Morning Corporation
(Nasdaq: TUES) today announced that Michael J. Marchetti, currently Executive
Vice President and Chief Operating Officer, will become the Company's Acting
Chief Financial Officer, Secretary and Treasurer effective January 16, 2008.
Mr. Marchetti will fill the position made available by the December 5, 2007
resignation of Elizabeth A. Schroeder which becomes effective January 15,
2008.
Kathleen Mason, President and Chief Executive Officer, stated, "We thank
Elizabeth for the contributions she has made to the Company during her service
and wish her the best. Mike will add to his duties the roll of Acting Chief
Financial Officer on a temporary basis while we conduct a search for a
permanent replacement. Mike has more than two decades of retailing experience
which includes expertise in finance, control, distribution and information
technology."
Mr. Marchetti, age 50, joined the Company in February 2001 as Senior Vice
President, Strategic Planning and was promoted to Executive Vice President,
Operations in February 2002. In April 2003, Mr. Marchetti was promoted to
Chief Operating Officer. Prior to joining Tuesday Morning, Mr. Marchetti held
various positions including being a principal with MarCon Services, Inc. and
Chief Financial Officer of CWT Specialty Stores, Inc.
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 831 stores in
47 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.
This press release contains forward-looking statements within the meaning
of the federal securities laws and the Private Securities Litigation Reform
Act of 1995, which are based on management's current expectations, estimates
and projections. Forward-looking statements typically are identified by the
use of terms such as "may," "will," "should," "expect," "anticipate,"
"believe," "estimate," "intend" and similar words, although some
forward-looking statements are expressed differently. You should carefully
consider statements that contain these words because they describe our
expectations, plans, strategies and goals and our beliefs concerning future
business conditions, our future results of operations, our future financial
positions, and our business outlook or state other "forward-looking"
information.
Reference is hereby made to "Item 1A. Risk Factors" of the Company's
Transition Report on Form 10-KT for the six month period ended June 30, 2007
and the Company's Quarterly Report on Form 10-Q for the three month period
ended September 30, 2007 for examples of risks, uncertainties and events that
could cause our actual results to differ materially from the expectations
expressed in our forward-looking statements. These risks, uncertainties and
events also include, but are not limited to, the following: uncertainties
regarding our ability to open stores in new and existing markets and operate
these stores on a profitable basis; conditions affecting consumer spending;
inclement weather; changes in our merchandise mix; timing and type of sales
events, promotional activities and other advertising; increased or new
competition; loss or departure of one or more members of our senior
management, as well as experienced buying and management personnel; an
increase in the cost or a disruption in the flow of our products; seasonal and
quarterly fluctuations; fluctuations in our comparable store results; our
ability to operate information systems and implement new technologies
effectively; our ability to generate strong cash flows from our operations;
our ability to maintain internal control over financial reporting; and our
ability to anticipate and respond in a timely manner to changing consumer
demands and preferences. The forward-looking statements made in this press
release relate only to events as of the date on which the statements were
made. We undertake no obligations to update our forward-looking statements to
reflect events and circumstances after the date on which the statements were
made or to reflect the occurrence of unanticipated events.
SOURCE Tuesday Morning Corporation

Michael Marchetti, Chief Operating Officer of Tuesday Morning Corporation,
+1-972-934-7154; or Laurey Peat of Laurey Peat + Associates, +1-214-871-8787,
for Tuesday Morning Corporation