Strouds, Inc. Names Harry Brown General Merchandising Manager, EVP
Industry Veteran Held Key Positions at Stage Stores,
Office Depot And Marshall's
CITY OF INDUSTRY, Calif., Oct. 19 /PRNewswire/ -- Strouds, Inc. (Nasdaq: STRO), a leading specialty retailer of quality home textiles and furnishings, announced today that Harry Brown, has been appointed general merchandising manager, executive vice president. Mr. Brown, 52, a retail industry merchandising and marketing veteran, will be responsible for Strouds' merchandise strategy and direction. He reports to Chairman and Chief Executive Officer Charles Chinni. "With a distinguished career and notable achievements at many of the country's finest retailers, Harry Brown comes to Strouds as one of the industry's most experienced and capable merchandising executives," said Charles Chinni, chairman and chief executive officer. "His career in merchandising and management includes experience with Stage Stores, Houston; Office Depot; Marshall's; Macy's and others." "Harry's expertise and leadership will be invaluable as Strouds builds upon its solid, post-restructuring foundation and resumes carefully planned growth. We are confident that he will play a key role in helping Strouds maintain its strong brand equity and position in the market," said Mr. Chinni. Mr. Brown was formerly vice chairman, chief merchandising officer with Stage Stores Inc., Houston, Texas; executive vice president merchandising and marketing, Office Depot, Boca Raton, Florida; executive vice president, marketing, planning, allocation, Marshall's, Andover, Mass.; senior vice president, general merchandise manager, R.H. Macy's, Macy's Atlanta/Bullock's; and various merchandising positions with Macy's-Midwest, Kansas. Strouds, Inc., the Linen Experts(R), is a specialty retailer of bed, bath, tabletop and other home textile products in the United States. The Company currently operates 63 stores in five states. The Company also markets it home products on the Internet at http://www.linenexperts.com and http://www.strouds.com. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risk and uncertainties, and actual results could differ materially from the Company's present expectations. Among the important factors that could cause actual results to differ materially from those indicated in the forward- looking statements are: customer demand and trends in the home textiles industry, the performance of stores in the new markets, the effect of economic conditions, the impact of competitive openings and pricing, supply constraints or difficulties, and other risks detailed in the Company's Securities and Exchange Commission filings.
SOURCE Strouds, Inc.
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