DESTINATION MATERNITY CORPORATION (NASDAQ:DEST) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April12, 2018, Michael J. Blitzer announced his intention not to stand for re-election to the Board of Directors of Destination Maternity Corporation (the “Company”) at the 2018 Annual Meeting of Stockholders, currently scheduled to take place on May23, 2018. Mr.Blitzer’s decision was not the result of a disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On April12, 2018, the Board of Directors of the Company resolved that the size of the Board of Directors would decrease from five directors to four directors effective upon the commencement of the 2018 Annual Meeting of Stockholders.
About DESTINATION MATERNITY CORPORATION (NASDAQ:DEST)
Destination Maternity Corporation, formerly Mothers Work, Inc. is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment. It operates approximately 1,815 retail locations, including over 540 stores in the United States, Canada and Puerto Rico, and approximately 1,280 leased departments located within department stores and baby specialty stores throughout the United States, in Puerto Rico and, in England. The Company sells merchandise on the Internet, primarily through its Motherhood.com, APeaInThePod.com and DestinationMaternity.com Websites. The Company also sells its merchandise through its Canadian Website, MotherhoodCanada.ca, through Amazon.com in the United States, and through Websites of certain of its retail partners.