JACKSON, Tenn., Oct. 1 /PRNewswire-FirstCall/ --
Kirkland's, Inc. (Nasdaq: KIRK) today announced that it has made new hires
in the strategic areas of real estate and logistics. Roland Mackie has joined
the company as Vice President of Real Estate, and Todd A. Weier has joined as
Vice President of Logistics.
Kirkland's also announced that it has completed its new store leasing for
fiscal 2002. The company has opened five new stores thus far in 2002 and
currently has 11 stores under construction. Kirkland's anticipates that all
16 new stores will be open prior to Thanksgiving.
Commenting on these new additions to the Kirkland's management team,
Robert Alderson, President and Chief Executive Officer, said, "With our
expected increase in new store openings for fiscal 2003 and future years,
successful execution of our real estate and distribution strategies becomes a
key component of our growth. Roland and Todd will be valuable additions to a
management team committed to taking Kirkland's to higher levels of financial
and operational performance."
Mr. Mackie has over 18 years of experience in the shopping center industry
with a strong background in leasing and property management. He was most
recently Leasing Manager for Poag & McEwen Lifestyle Centers, one of the
originators of the open-air "lifestyle center" concept. His previous
experience also included seven years with Simon Property Group, which today is
the largest shopping center owner in the United States.
"Roland's background on the landlord side of the business will provide a
new and valuable perspective for Kirkland's," stated Mr. Alderson. "We expect
to benefit from his extensive relationships in the industry and his experience
with both mall and lifestyle center venues. He will be involved in all
aspects of managing the company's real estate assets, with an immediate
emphasis on identifying sites and negotiating leases to support our new store
Mr. Weier brings to Kirkland's a retail background that includes over
15 years in distribution and logistics. His most recent position was Director
of Logistics for Petsmart.com. His career also has included eight years with
Victoria's Secret Catalogue.
Mr. Alderson commented, "Todd's hiring is yet another step forward for
Kirkland's as we advance our capabilities in central distribution and supply
chain management. His background in building and managing logistics
operations for growing retailers is an excellent fit for Kirkland's. He will
be a leader in the expansion and enhancement of our central distribution
effort, and he will work closely with merchandising and store operations to
enhance overall supply chain efficiency."
Kirkland's, Inc. was founded in 1966 and is a leading specialty retailer
of home decor in the United States. Although originally focused in the
Southeast, the Company has grown beyond that region and currently operates
239 stores in 28 states. The Company's stores present a broad selection of
distinctive merchandise, including framed art, mirrors, candles, lamps,
picture frames, accent rugs, garden accessories and artificial floral
products. The Company's stores also offer an extensive assortment of holiday
merchandise, as well as items carried throughout the year suitable for giving
as gifts. More information can be found at www.kirklands.com.
Except for historical information contained herein, the statements in this
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which may cause
Kirkland's actual results in future periods to differ materially from
forecasted results. Those risks and uncertainties include, among other
things, the competitive environment in the home decor industry in general and
in Kirkland's specific market areas, inflation, product availability and
growth opportunities, seasonal fluctuations, and economic conditions in
general. Those and other risks are more fully described in Kirkland's filings
with the Securities and Exchange Commission, including the registration
statement on Form S-1 originally filed on April 23, 2002, as amended.
Kirkland's disclaims any obligation to update any such factors or to publicly
announce results of any revisions to any of the forward-looking statements
contained herein to reflect future events or developments.
MAKE YOUR OPINION COUNT - Click Here
SOURCE Kirkland's, Inc.