RELATED-PARTY TRANSACTIONS

12 Months Ended

Feb. 02, 2019

NOTE 9.

RELATED‑PARTY TRANSACTIONS

The Company leases one store under a lease arrangement with AL Florence Realty Holdings 2010, LLC, a wholly-owned subsidiary of Books-A-Million, Inc., (BAMM). One of our Directors, Terrance G. Finley is an executive officer of BAMM. Minimum annual lease payments are $0.1 million, if not in co-tenancy, and the lease termination date is February 2022. In Fiscal 2019, Fiscal 2018 and Fiscal 2017, minimum lease payments were $0.1 million. Minimum lease payments remaining under this lease at February 2, 2019 were $0.3 million.