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The Record (Hackensack, New Jersey) (via Knight-Ridder/Tribune Business News)
NOV-04
Hawthorne, N.J.-based craft, fabrics store chain names new top management.
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Hawthorne, N.J.-based craft, fabrics store chain names new top management.
Publication: The Record (Hackensack, New Jersey) (via Knight-Ridder/Tribune Business News) Publication Date: 14-NOV-04 |
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COPYRIGHT 2004 The Record
Byline: Joan Verdon
Nov. 14--The new owners of Rag Shops Inc. have chosen a new chief executive and a chief financial officer to revitalize the company's 69 crafts and fabrics stores.
Sun Capital Partners, the private investment firm that specializes in leveraged buyouts, acquired Rag Shops for $11.5 million in a deal announced in September. Sun Capital announced Friday that it has picked Tom Souza, a former...
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