March 15 Macellum Capital Management:
* Macellum Capital Management says comments on settlement
discussions with Citi Trends
* Macellum Capital - "Citi Trends board refused to commit to
appointment of any new directors to board, including Macellum's
* Macellum Capital Management - Citi Trends "demanded that
Macellum agree to a non-market, two year standstill"
* Macellum Capital - "Macellum was willing to agree to a two
year standstill if board would commit to achievement of
meaningful performance targets"
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