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 growth plans." 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 http://tbutton.prnewswire.com/prn/11690X42518113
SOURCE Kirkland's, Inc.