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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MW2cwUMemlBz28h2qP/luS6yocexk2KtxUG/EUX8VTri6JVYH2OqNdZXSsIBIbNL
 m34JRTNkCRwJCEAmPO5bNg==

<SEC-DOCUMENT>0001005477-07-002896.txt : 20070508
<SEC-HEADER>0001005477-07-002896.hdr.sgml : 20070508
<ACCEPTANCE-DATETIME>20070508180446
ACCESSION NUMBER:		0001005477-07-002896
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070504
FILED AS OF DATE:		20070508
DATE AS OF CHANGE:		20070508

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KIRKLANDS INC
		CENTRAL INDEX KEY:			0001056285
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-RETAIL STORES, NEC [5990]
		IRS NUMBER:				621287151
		FISCAL YEAR END:			0128

	BUSINESS ADDRESS:	
		STREET 1:		805 NORTH PKWY
		CITY:			JACKSON
		STATE:			TN
		ZIP:			38305
		BUSINESS PHONE:		9016882444

	MAIL ADDRESS:	
		STREET 1:		805 NORTH PKWY
		CITY:			JACKSON
		STATE:			TN
		ZIP:			38305

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TIMON PHILIP C
		CENTRAL INDEX KEY:			0001080175

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-49885
		FILM NUMBER:		07829556

	BUSINESS ADDRESS:	
		STREET 1:		920 EAST BALTMORE PIKE
		CITY:			KENNETT SQUARE
		STATE:			PA
		ZIP:			19348
		BUSINESS PHONE:		302-472-8000

	MAIL ADDRESS:	
		STREET 1:		1105 NORTH MARKET STREET
		STREET 2:		15TH FLOOR
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19801
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-05-04</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001056285</issuerCik>
        <issuerName>KIRKLANDS INC</issuerName>
        <issuerTradingSymbol>KIRK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001080175</rptOwnerCik>
            <rptOwnerName>TIMON PHILIP C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1105 NORTH MARKET STREET</rptOwnerStreet1>
            <rptOwnerStreet2>15TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>WILMINGTON</rptOwnerCity>
            <rptOwnerState>DE</rptOwnerState>
            <rptOwnerZipCode>19801</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, no par value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2007-05-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>100000</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.5670</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2728294</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Endowment Capital, L.P., and Long Drive, L.P., each a Delaware limited partnership (collectively, the  &quot;Limited Partnerships&quot;), own in the aggregate 2,728,294 shares of the Common Stock, no par value per share (the &quot;Shares&quot;) of Kirkland's Inc., a Tennessee corporation (the &quot;Company&quot;) as of May 4, 2007 (the &quot;Reporting Date&quot;).  Endowment Capital Group, LLC, a Delaware limited liability company (&quot;Endowment LLC&quot;), is the sole general partner of each of the Limited Partnerships.  Mr. Timon is the sole managing member of Endowment LLC.  As a result, Mr. Timon possessed the sole power to vote and the sole power to direct the disposition of the Shares held by the Limited Partnerships as of the Reporting Date.  Thus, as of the Reporting Date, for the purposes of Reg. Section 240.13d-3, Mr. Timon is deemed to beneficially own 2,728,294 Shares, or approximately 13.9% of the Shares deemed issued and outstanding as of the Reporting Date.</footnot
e>
        <footnote id="F2">Mr. Timon's interest in the Shares is limited to his pecuniary interest, if any, in the Limited Partnerships.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Philip C. Timon, in his capacity as sole managing member of Endowment Capital Group, LLC, the sole general partner of Endowment Capital, L.P. and Long Drive, L.P.</signatureName>
        <signatureDate>2007-05-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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