NASHVILLE, Tenn., Oct. 2, 2017 /PRNewswire/ -- Kirkland's, Inc.
(NASDAQ: KIRK) today announced that Gregory
A. Sandfort, Chief Executive Officer of Tractor Supply
Company, has been appointed to the Company's Board of Directors,
effective immediately. The addition of Mr. Sandfort expands
Kirkland's board to eight members, and he will serve on Kirkland's
Audit Committee.
"We are thrilled to welcome a leader of Greg's caliber to the
Kirkland's board," said Mike Madden,
President and Chief Executive Officer of Kirkland's. "His strategic
perspective and breadth of experience across complex retail
organizations will bring fresh thinking to Kirkland's. As a board
member, Greg's strong retail background and proven track record
driving operational excellence will be extremely valuable as we
continue Kirkland's transformation to a high performing, nationally
recognized home décor brand."
Mr. Sandfort has over 30 years of experience across a wide range
of retail companies. He has held his current role as Chief
Executive Officer of Tractor Supply since December 2012. He also served as President of
Tractor Supply from December 2012 to
May 2016, President and Chief
Operating Officer since February
2012, and President and Chief Merchandising Officer since
2009. Mr. Sandfort joined Tractor Supply in 2007 as Executive Vice
President and General Merchandise Manager.
"I'm honored to join the Kirkland's board and excited about the
market opportunity for value-priced, distinctive home décor," said
Mr. Sandfort. "I look forward to contributing to Kirkland's efforts
to drive innovation and increase value for customers, employees and
shareholders."
Prior to joining Tractor Supply, Mr. Sandfort was President and
Chief Operating Officer of Michaels Stores, Inc. from March 2006 to August
2007, and Executive Vice President, General Merchandise
Manager from January 2004 to
February 2006.
Prior to Michaels Stores, Mr. Sandfort held management roles at
Federated Department Stores, Sears Roebuck and Company and
F.W. Woolworth/Woolco. He currently
serves as a Director of Tractor Supply Company and WD-40
Company.
About Kirkland's, Inc.
Kirkland's, Inc. was founded in
1966 and is a specialty retailer of home décor in the United States. Although originally focused
in the Southeast, the Company has grown beyond that region and
currently operates 411 stores in 36 states as well as an e-Commerce
enabled website, www.kirklands.com. 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 gifts, as well as seasonal
merchandise. More information can be found at
www.kirklands.com.
Forward-Looking Statements
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 to differ
materially from forecasted results. Those risks and uncertainties
include, among other things, the competitive environment in the
home décor industry in general and in Kirkland's specific market
areas, inflation, possibility of new tax legislation, fluctuations
in cost and availability of products, interruptions in supply chain
and distribution systems, the ability to control employment, and
other operating costs, availability of suitable retail locations
and other growth opportunities, disruptions in information
technology systems including the potential for security breaches of
Kirkland's or its customers' information, seasonal fluctuations in
consumer spending, 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 Company's Annual
Report on Form 10-K filed on March 31,
2017 and subsequent reports. 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.
Contact:
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Kirkland's
|
SCR
Partners
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Nicole
Strain
|
Jeff Black: (615)
760-3679
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(615)
872-4800
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Tripp Sullivan: (615)
760-1104
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IR@Kirklands.com
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SOURCE Kirkland's, Inc.