Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On
Item 7.01. Regulation FD Disclosure. OnApril 1, 2020 , the Company also announced that the Board's annual cash retainers would be reduced by 50%. OnJune 24, 2020 , the Company announced that the Board's annual cash retainers would be restored to pre-reduction levels, effectiveJuly 5, 2020 . OnApril 1, 2020 , the Company also announced that all non-furloughed employees, other than the Company's distribution center employees supporting the Company's digital business, would receive a 50% salary or hours reduction. OnJune 24, 2020 , the Company announced that the compensation of all employees whose compensation was subject to a reduction would be restored to pre-reduction levels, effectiveJuly 5, 2020 . The information in this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
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