FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 16,1994
(August 1, 1994)
ROSE'S STORES, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
0-631 56-0382475
(Commission File Number) (IRS Employer Identification No.)
218 S. Garnett Street
Henderson, North Carolina
27536
(Address of principal executive offices) (Zip Code)
(919) 430-2600
(Registrant's telephone number, including area code)<PAGE>
Item 5. Other Events
On August 22, 1994, the Board of Directors elected R. Edward
Anderson President and Chief Executive Officer, and a director of
the Company, filling the vacancy created by the resignation on
August 16, 1994 of George Jones as the President, Chief Executive
Officer and a director of the Registrant. The Board also elected
Mr. Anderson Chairman of the Board of Directors, effective August
23, 1994, filling the vacancy created by the resignation of Lucius
H. Harvin, III as a director and as Chairman of the Board of
Directors which was effective August 23, 1994.
Prior to being elected President, Chief Executive Officer and
Chairman of the Board of Directors, Mr. Anderson had been the
Executive Vice President of Finance of the Registrant. Mr.
Anderson, who is 44 years old, joined the Registrant in 1978 as its
Controller. He became Senior Vice President and Chief Financial
Officer of the Registrant in 1990 and was promoted to Executive
Vice President in 1992.
The election of Mr. Anderson to succeed Messrs. Jones and
Harvin was made by the Board after consultation with, and
concurrence by, the representatives of the major constituencies in
the Registrant's Chapter 11 bankruptcy proceeding, including the
Unsecured Creditors' Committee, the Equity Committee and the Pre-
Petition Secured Senior Noteholders.<PAGE>
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 hereunto duly authorized.
ROSE'S STORES, INC.
Date: August 25, 1994 By: ___________________________
R. Edward Anderson
President and
Chief Executive Officer
