SUBSEQUENT EVENT

12 Months Ended

Jan. 28, 2017

SUBSEQUENT EVENT

SUBSEQUENT EVENT

20.SUBSEQUENT EVENT

In 2016, the Company announced a Voluntary Retirement Offering (“VRO”) for certain non-store associates.  Approximately 1,300 associates irrevocably accepted the VRO in early March 2017.  The Company anticipates recognizing a VRO charge of approximately $180, pre-tax, in the first quarter of 2017.

As we continue to work to find solutions to under-funded multi-employer pension plans, it is possible we could incur withdrawal liabilities for certain funds.  Two locations have initiated a withdrawal process, in the first quarter of 2017, resulting in an estimated withdrawal liability of less than $100, after-tax.