-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T7ggtIJqIczrvHuYcv6oszSESPR2YQbRLuBTsTXhcvVqGIrb2OHEk8NG40/oSMMj 2MAOmwDS+1htFDQ+sYHZNg== 0000950116-05-002962.txt : 20050906 0000950116-05-002962.hdr.sgml : 20050905 20050906155008 ACCESSION NUMBER: 0000950116-05-002962 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050830 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050906 DATE AS OF CHANGE: 20050906 FILER: COMPANY DATA: COMPANY CONFORMED NAME: A.C. Moore Arts & Crafts, Inc. CENTRAL INDEX KEY: 0001042809 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOBBY, TOY & GAME SHOPS [5945] IRS NUMBER: 223527763 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23157 FILM NUMBER: 051070400 BUSINESS ADDRESS: STREET 1: 130 A.C. MOORE DRIVE CITY: BERLIN STATE: NJ ZIP: 08009 BUSINESS PHONE: (856) 768-4930 MAIL ADDRESS: STREET 1: 130 A.C. MOORE DRIVE CITY: BERLIN STATE: NJ ZIP: 08009 FORMER COMPANY: FORMER CONFORMED NAME: A C MOORE ARTS & CRAFTS INC DATE OF NAME CHANGE: 19970722 8-K 1 eight-k.txt 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 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) August 30, 2005 --------------- A.C. Moore Arts & Crafts, Inc. ---------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Pennsylvania 000-23157 22-3527763 - -------------------------------------------------------------------------------------------------- (State or other jurisdiction (Commission File Number) (IRS Employer Identification No.) of incorporation) 130 A.C. Moore Drive, Berlin, NJ 08009 - -------------------------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (856) 768-4930 --------------- Not Applicable -------------------------------------------------------------------------- (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS. The Board of Directors of A.C. Moore Arts & Crafts, Inc. (the "Company") has voted to increase the size of the Company's Board of Directors from eight to nine members and appointed Lori J. Schafer to serve as a director of the Company effective as of August 30, 2005. Ms. Schafer will serve as a Class A director until the Company's 2006 annual meeting of shareholders. Ms. Schafer has been named to serve on the Audit Committee of the Board of Directors effective as of August 30, 2005. Richard Lesser, a director of the Company, resigned from his position as a member of the Audit Committee effective as of August 30, 2005. On September 1, 2005, the Company issued a press release announcing the appointment of Ms. Schafer to the Board of Directors. For additional information regarding Ms. Schafer, please see the press release which is attached to this Current Report on Form 8-K as Exhibit 99.1. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial statements of businesses acquired. Not applicable. (b) Pro forma financial information. Not applicable. (c) Exhibits. The following exhibit is filed herewith: Exhibit No. Description ----------- ----------- 99.1 Press release dated September 1, 2005. SIGNATURE 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. A.C. MOORE ARTS & CRAFTS, INC. Date: September 6, 2005 By: /s/ Leslie H. Gordon ----------------------------------- Name: Leslie H. Gordon Title: Executive Vice President and Chief Financial Officer EXHIBIT INDEX ------------- Exhibit No. Description - ----------- ----------- 99.1 Press release dated September 1, 2005. EX-99 2 ex99-1.txt EXHIBIT 99.1 Exhibit 99.1 ------------ A.C. MOORE [GRAPHIC OMITTED] General Office o Distribution Center - -------------------------------------------------------------------------------- 130 A.C. Moore Drive o Berlin, NJ 08009 PHONE: (856)768-4930 o FAX: (856) 753-4723 For: From: A.C. Moore Arts & Crafts, Inc. Gregory FCA Communications, Inc. Leslie Gordon For More Information Contact: Chief Financial Officer Joe Crivelli (856) 228-6700 (610) 642-8253 FOR IMMEDIATE RELEASE - --------------------- A.C. MOORE ANNOUNCES LORI SCHAFER JOINS A.C. MOORE'S BOARD OF DIRECTORS 20-YEAR INDUSTRY VETERAN BRINGS STRATEGIC INSIGHT AND ADDITIONAL RETAIL EXPERIENCE BERLIN, NJ, SEPTEMBER 1, 2005 - A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR) today announced that Lori J. Schafer has joined its Board of Directors effective August 30, 2005. This appointment increases the size of the Board to 9, including 7 independent directors. Ms. Schafer will serve as a Class A director until 2006. Ms. Schafer currently serves as President of Marketmax, the retail division of SAS, an industry leader in business intelligence software and analytics. She has been with Marketmax since 1996, and previously served as the Company's Chairman, President and CEO prior to SAS's acquisition of the company in October 2003. During her tenure Ms. Schafer helped build Marketmax into an industry leader in merchandising analytics with a list of blue chip clientele in the retail industry. With over 20 years experience in the retail and consumer good industry, Ms. Schafer has strong expertise and knowledge of all aspects of a retail company's processes and challenges. Prior to Marketmax, she held positions of increasing responsibility at the Procter & Gamble Company. Ms Schafer currently serves on the board of Trans World Entertainment Corporation and geoVue, Inc. William Kaplan, Chairman of A.C. Moore Arts & Crafts, Inc. said, "It's invaluable to have someone with Lori's experience and understanding of the retail industry join us on the Board. It is a pleasure to welcome her to the Board of Directors and we all look forward to working with her to continue to grow A.C. Moore." A.C. Moore operates arts and crafts stores that offer a vast assortment of traditional and contemporary arts and crafts merchandise for a wide range of customers. The Company operates 101 stores in the Eastern United States. For more information about the Company, visit our website at www.acmoore.com. This press release may contain statements that are forward-looking within the meaning of applicable federal securities laws and are based on A.C. Moore's current expectations and assumptions as of this date. The Company undertakes no obligation to update or revise any forward-looking statement whether the result of new developments or otherwise. These statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Factors that could cause actual results to differ from those anticipated include, but are not limited to, customer demand and trends in the arts and crafts industry, related inventory risks due to shifts in customer demand, the effect of economic conditions, the impact of adverse weather conditions, the impact of competitors' locations or pricing, the availability of acceptable real estate locations for new stores, difficulties with respect to new system technologies, supply constraints or difficulties, the effectiveness of advertising strategies and other risks detailed in the Company's Securities and Exchange Commission filings. # # # -----END PRIVACY-ENHANCED MESSAGE-----