XML 25 R13.htm IDEA: XBRL DOCUMENT v3.20.2
Related Party Transactions
9 Months Ended
Oct. 31, 2020
Related Party Transactions [Abstract]  
Related Party Transactions

Note 7 - Related Party Transactions

The Company had an agreement with a related party vendor to purchase merchandise inventory. The vendor was considered a related party for financial reporting purposes because its principal owner is the spouse of the Company’s former Vice President of Product Development and Trend. As of June 14, 2019, the vendor is no longer a related party. The table below sets forth selected results related to this vendor, for the time period that the vendor was a related party, in dollars (in thousands) and percentages for the periods indicated:

 

 

 

13-Week Period Ended

 

 

39-Week Period Ended

 

 

 

October 31, 2020

 

 

November 2, 2019

 

 

October 31, 2020

 

 

November 2, 2019

 

Related Party Vendor:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchases

 

$

 

 

$

 

 

$

 

 

$

19,577

 

Purchases as a percent of total merchandise purchases

 

 

%

 

 

%

 

 

%

 

 

9.4

%