QuickLinks -- Click here to rapidly navigate through this document

Exhibit 10.26

RETENTION BONUS AGREEMENT

        This Retention Bonus Agreement is dated and effective June 5, 2012, and
is between Tuesday Morning Corporation, a Delaware corporation (the "Company")
and                          ("Executive").

        Executive is currently an employee of the Company. The Company values
Executive's contributions to the Company during the period of its management
transition and believes Executive will continue to contribute to the success of
the Company during this period. The Company wants to assure Executive's
continuing contribution during this period by providing an incentive bonus to
Executive on the terms of this Agreement, and Executive wishes to accept this
incentive bonus on those terms.

        Therefore, Executive and the Company agree as follows:

        1.    Retention Bonus.    

        a.     The Company will pay Executive a retention bonus in the aggregate
amount of $            , 20% of which is payable on August 31, 2012, and the
remaining 80% of which is payable on August 30, 2013, if Executive remains
employed by the Company on the applicable payment date.

        b.     If Executive's employment with the Company is terminated without
Cause before August 31, 2012, then the Company will nevertheless pay Executive
20% of the retention bonus amount on August 31, 2012. If Executive's employment
with the Company is terminated for any other reason before August 31, 2012, then
the Company will not pay Executive any amount of the retention bonus.

        c.     If Executive's employment with the Company is terminated without
Cause before August 30, 2013, then the Company will nevertheless pay Executive
80% of the retention bonus amount on August 30, 2013. If Executive's employment
with the Company is terminated for any other reason after August 31, 2012, but
before August 30, 2013, then the Company will not pay Executive 80% of the
retention bonus amount on August 30, 2013.

        2.    Definition of Cause.    For purposes of this Agreement, "cause"
means (a) the commission of a felony, a crime involving moral turpitude or any
other act or omission involving willful dishonesty, disloyalty or fraud with
respect to the Company or any of its subsidiaries, (b) conduct tending to bring
the Company or any of its subsidiaries into substantial public disgrace or
disrepute, (c) substantial and repeated failure, after reasonable notice and
opportunity to cure, to perform duties consistent with the office or position of
Executive, (d) gross negligence or willful misconduct with respect to the
Company or any of its subsidiaries or (e) any material breach of (i) Executive's
duties of confidentiality with respect to information about the Company and its
subsidiaries, (ii) the Company's policies applicable to Executive, (iii) any
other written agreement between Executive and the Company or (iv) this
Agreement.

        3.    Executive's Obligations.    Executive will devote Executive's full
business time and attention (except for permitted vacation periods and
reasonable periods of illness or other incapacity) to the business and affairs
of the Company and its subsidiaries.

        4.    No Right to Employment.    Nothing contained in this Agreement
will be construed as an employment agreement or as obligating the Company to
continue to employ the Executive at any time.

        5.    Notices.    Any notice to be given in connection with this
Agreement will be in writing and will be either personally delivered, or mailed
by first class mail, return receipt requested, to the recipient at the
applicable address indicated beside the signatures to this Agreement.

        6.    Complete Agreement.    This Agreement embodies the complete
agreement and understanding between Executive and the Company regarding the
retention bonus and supersedes and preempts any prior understandings, agreements
or representations by or between Executive and the Company, written or oral.

        7.    Counterparts.    This Agreement may be executed in two
counterparts, each of which is deemed to be an original and both of which taken
together constitute one agreement.

--------------------------------------------------------------------------------

        8.    Choice of Law.    This Agreement will be governed by and construed
in accordance with Texas law.

        9.    Amendment and Waiver.    This Agreement may be amended or waived
only in a writing signed by the Company and Executive. No course of conduct or
failure or delay in enforcing this Agreement will affect the validity, binding
effect or enforceability of this Agreement.

TUESDAY MORNING CORPORATION
By:
 

--------------------------------------------------------------------------------

 
Address for Notice: Name:  

--------------------------------------------------------------------------------

  Tuesday Morning Corporation Title:  

--------------------------------------------------------------------------------

  6250 LBJ Freeway Date of signature: June     , 2012   Dallas, Texas 75240 Date
of effectiveness: June 5, 2012   Attention: Chairman of the Board of Directors
EXECUTIVE

--------------------------------------------------------------------------------

 
Address for Notice: Name:  

--------------------------------------------------------------------------------

   

--------------------------------------------------------------------------------

Date of signature: June     , 2012  

--------------------------------------------------------------------------------

Date of effectiveness: June 5, 2012  

--------------------------------------------------------------------------------

2

--------------------------------------------------------------------------------

QuickLinks

Exhibit 10.26