Headlines

Goody’s News

Chief executive Chuck Turlinski resigns

Published

16 years ago

February 14, 2008

admin1

Goody’s Family Clothing Inc. (Knoxville, Tenn.) has announced the resignation of ceo Chuck Turlinski.

Mario Ciampi of Prentice Capital Management LP (New York) was named interim ceo as the discount retailer begins its search for a permanent replacement. Prentice acquired the 383-store chain in 2006 and took it private. Goody’s president Mary Kwan will remain with the company.

The announcement by Turlinski, who joined Goody’s just a year ago today from Limited Brands Inc. (Columbus, Ohio), where he had been ceo, follows an announcement last month that Goody’s would lay off 5 percent of its headquarters staff and would realign its field support staff to achieve improved operating efficiencies.

Earlier this year, Goody’s received a $65 million capital infusion from Prentice, which it said provided “adequate capital to execute its business strategies in the foreseeable future.”

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design