SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 4, 1999
Lechters, Inc.
(Exact Name of Registrant as Specified in its Charter)
New Jersey 0-17870 13-2821526
(State or Other Jurisdiction (Commission File Number) (IRS Employer of
Identification No.) Incorporation)
One Cape May Street, Harrison, NJ 07029-9998
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (973) 481-1100
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Item 5. Other Events.
On April 22, 1999, the Board of Directors of Lechters, Inc. approved a
program to repurchase from time to time up to 1,000,000 shares of Lechters,
Inc.'s common stock. A copy of the press release dated May 3, 1999 is
attached hereto as Exhibit 99.1.
Item 7. Exhibits
Ex. 99.1 Press release dated May 3, 1999.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.
LECHTERS, INC.
Dated: May 4, 1999 By: /s/ James J. Sheppard
Name: James J. Sheppard
Title: Sr. Vice President and
Chief Financial Officer
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EXHIBIT INDEX
Item No. 7 Exhibits
Ex. 99.1 Press release dated May 3, 1999
Exhibit 99.1
May 3, 1999
LECHTERS ANNOUNCES STOCK REPURCHASE PLAN
HARRISON, NJ - May 3, 1999 - Lechters, Inc. (NASDAQ:LECH), the nation's
largest retail chain specializing in housewares and items for the kitchen, today
announced that its Board of Directors has authorized the repurchase of up to
1,000,000 shares of the company's Common Stock from time to time in the open
market or in unsolicited privately negotiated transactions in accordance with
SEC Rule 10b-18.
