Closeout retailer Mazel Stores Inc has appointed Peter J. Hayes as its new chief executive officer and a member of its board of directors.

Peter Hayes is a seasoned retail executive with over 25 years of experience. His prior executive experience includes positions as president and chief operating officer of Family Dollar Inc; chief executive officer and president of Child World; and chairman and chief executive officer of Gold Circle, a division of Federated Department Stores.

Mr Reuven Dessler, chairman of Mazel Stores commented: "Peter Hayes' successful track record and extensive retail experience, which includes the closeout industry, will be a significant asset to Mazel Stores and its future."