ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SUNDAY, January 2, 1994                   TAG: 9401280308
SECTION: BUSINESS                    PAGE: E10   EDITION: METRO 
SOURCE: Associated Press
DATELINE: WINSTON-SALEM, N.C.                                 LENGTH: Short


ROSE'S EXECUTIVES SEEK COURT'S APPROVAL OF SEVERANCE PACTS

Executives of Rose's Stores Inc. have made it one of their priorities to get serverance agreements worth more than $4 million, an action that one analyst says is unusual for the company that has sought bankruptcy protection.

"It sounds like they might be placing themselves before the company," said Kenneth Gassman Jr., a retail analyst with Davenport & Co. in Richmond.

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