Specialty retailer Brookstone yesterday said that its president and chief executive, James Speltz, has resigned after taking the seller of travel gadgets and massage chairs through bankruptcy proceedings this summer, the Wall Street Journal reported yesterday. Steve Schwartz, a 15-year veteran of the company who is currently Brookstone's chief merchandising officer, will serve as interim president and CEO. Brookstone, which has about 240 stores in malls and airports, filed for bankruptcy protection in April. In court filings, the company said sales have lagged since 2007, and that it began searching for a buyer after a weak 2013 holiday season. Chinese investment firm Sailing Capital Overseas Investment Fund LP and Chinese conglomerate Sanpower Group won an auction in June to buy Brookstone for $174 million, trumping a $146.3 million offer from an affiliate of Spencer Spirit Holdings Inc., the parent company of Spencer's and Spirit Halloween retail chains.