Tuesday Morning Corporation is an American upscale, deep discount, off-price retailer specializing in domestic and international, designer and name-brand closeout merchandise. The company has stores across the United States. Headquartered in Dallas, Texas, the chain traditionally has relied on direct marketing, (including mail and e-mail), but also advertises in newspapers. Tuesday Morning was established in 1974. By 1998 it had grown to 330 stores operating in 35 states, and to 41 states and 441 stores by 2001. In June 2012, hedge fund Becker Drapkin Management LP bought 6.6% of the companys stock, which allowed it to gain control of the board of directors.