February 18, 2002,
Vernon joins Burdines
Long-time home furnishings merchandiser Dave Vernon has joined Burdines as senior vp, gmm of home, a successor to Nancy Katz, who resigned last year to join Bed Bath & Beyond. Vernon most recently was with Fresno, CA-based Gottschalks, where he held the same position.
Target refutes discrimination claim
Gottschalks cuts deal for financing
Gottschalks Inc. has cut a new financing pact that provides it with up to $165 million in borrowing ability. The new revolving credit facility has a term of three years and a maturity date of Jan. 31, 2005. GE Capital is acting as administrative agent for the lender syndicate, which also includes CIT Business Credit.
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