UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) - February 16, 1999
Goody's Family Clothing, Inc.
(Exact name of registrant as specified in its charter)
Tennessee 0-19526 62-0793974
State or other jurisdiction of Commission file number (I.R.S.Employer
incorporation or organization) Identification Number)
400 Goody's Lane, Knoxville, Tennessee 37922
(Address of principal executive offices) (Zip Code)
(423) 966-2000
(Registrant's telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report.)
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Item # 5 Other Event
On February 16, 1999, Goody's Family Clothing, Inc. issued a press release
(the "Press Release"), annexed as an exhibit hereto, stating in part, that a
complaint on behalf of a purported class has been filed in federal court in
Albany, Georgia alleging racial discrimination. The Press Release is
incorporated herein by reference.
Item # 7 Financial Statements and Exhibits
(c) Exhibits
Exhibit No.
99.2......Press Release of Goody's Family Clothing, Inc. dated
February 16, 1999.
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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.
GOODY'S FAMILY CLOTHING, INC.
(Registrant)
Date: February 19, 1999 /s/ Harry M. Call
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Harry M. Call
Director, President and
Chief Operating Officer
<PAGE>
INDEX TO EXHIBITS
Exhibit No.
99.2 Press Release of Goody's Family Clothing, Inc. dated February 16, 1999.
<PAGE>
Exhibit No. 99.2
FOR IMMEDIATE RELEASE
CONTACT: Regis Hebbeler
(423) 966-2000 ext. 1132
GOODY'S OPEN DOOR POLICY OFFERS OPPORTUNITY
Company responds to allegations
(Knoxville, TN - February 16, 1999) Goody's Family Clothing, Inc.,
(Nasdaq/NM:GDYS) today is responding after learning this afternoon that a
complaint on behalf of a purported class has been filed in federal court in
Albany, Georgia, alleging racial discrimination. The company has not yet been
served nor has it reviewed the complaint. Goody's, which employs more than 8,000
people in the United States, said its company policies and procedures are
designed to provide a fair and non-discriminatory workplace.
"We are disappointed to learn of this complaint because we have in
place policies that promote equal employment opportunity and diversity," said
Robert M. Goodfriend, chairman and chief executive officer. "Goody's was built
through the hard work of many individuals of different backgrounds, and we have
made every effort as a company to base all employment decisions on principles of
merit and performance."
Goody's operates under a "Mutual Respect Policy," defined as "equally
shared consideration and esteem toward one person by another person." Several
programs - Goody's Open Door Policy and the Alertline - were instituted to
foster communications between employees and management. The Alertline is a
confidential, toll-free number that can be used by any employee to report issues
related to the workplace.
With headquarters in Knoxville, Tennessee, Goody's is a retailer of
moderately priced apparel for women, men and children operating 257 stores in
the 16 states of Alabama, Arkansas, Florida, Georgia, Illinois, Indiana,
Kentucky, Mississippi, Missouri, North Carolina, Ohio, South Carolina,
Tennessee, Texas, Virginia and West Virginia.
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