October 07, 2005


Goody's Family Clothing to be acquired in private deal

The Associated Press

KNOXVILLE, Tenn. (AP) — Goody's Family Clothing Inc. has agreed in principle to be acquired by an affiliate of private-investment firm Sun Capital Partners Inc. in a cash deal valued at $272.8 million, the department store chain said Thursday.

The Knoxville-based retailer "contemplates the prompt commencement of a cash tender offer followed by a cash merger," a company statement said. The deal would pay $8 per share and "would not be subject to financing or due diligence." [...]

My only hope is that this means an end to Goody's CEO Bob Goodfriend doing the television commercials.

I mean, I'm sure he's a super nice guy and all, but he ranks right up there with the Plastic-Headed Burger King as someone who just gives me the creeps. My wife doesn't like to shop there because she thinks he's got cameras in the dressing room that link up to a television in his office.

Okay, not really.

I'M the one who thinks that.

But she still doesn't like to shop there because of his incessant appearances on the television.

Posted by Terry Oglesby at October 7, 2005 10:45 AM

My idea of a good clothing store has

#1 cool Aloha shirts

#2 blaze orange camo for deer season

#3 Dickes tee shirts with the pockets

#4 None of that silly "designer" stuff

Hummm, now that I think about it Cabela's scores real high except on the Alohas.

Posted by: Tony von Krag at October 7, 2005 06:34 PM