Dots LLC Chief Executive Lisa Rhodes has left the women's clothing retailer, prompting the chain's lawyers to ask a bankruptcy judge for permission to terminate her $750,000-a-year employment contract, the Wall Street Journal reported on Saturday. In court papers, Dots lawyers announced that Rhodes departed the company Feb. 7 after 18 months as its top leader. Her departure came as company officials are searching for a buyer to purchase the chain's roughly 400 stores out of bankruptcy. Rhodes joined the company during a revitalizing effort to win back customers who left when the quality of the chain's merchandise declined under prior management, according to court papers. Dots lawyers last week asked Bankruptcy Judge Donald H. Steckroth for permission to end her employment agreement.
