Goody’s Was Struck by Katrina

Goody’s Family Clothing Inc. (Knoxville, Tenn.) said four of its stores have remain closed as a result of Hurricane Katrina, which struck the Gulf Coast on August 29 — one each in Hattiesburg and Gulfport, Miss., and Houma and Hammond, La.

The discount retailer said the affected stores have sustained damage related to merchandise inventory, furniture and fixtures and leasehold improvements.

Ten other stores were closed for a short period following the hurricane, and the accompanying severe wind, rain and intermittent power outages affected approximately 40 other stores to varying degrees.

The retailer said it is hopeful that the Hammond, Houma and Hattiesburg stores would reopen in November 2005, and that the Gulfport store will reopen in March 2006.