Goody’s News

Goody’s Family Clothing Inc. (Knoxville, Tenn.) has announced the resignation of ceo Chuck Turlinski.

Mario Ciampi of Prentice Capital Management LP (New York) was named interim ceo as the discount retailer begins its search for a permanent replacement. Prentice acquired the 383-store chain in 2006 and took it private. Goody’s president Mary Kwan will remain with the company.

The announcement by Turlinski, who joined Goody’s just a year ago today from Limited Brands Inc. (Columbus, Ohio), where he had been ceo, follows an announcement last month that Goody’s would lay off 5 percent of its headquarters staff and would realign its field support staff to achieve improved operating efficiencies.

Earlier this year, Goody’s received a $65 million capital infusion from Prentice, which it said provided “adequate capital to execute its business strategies in the foreseeable future.”