LEGAL AND REGULATORY MATTERS

6 Months Ended

Jul. 30, 2011

LEGAL AND REGULATORY MATTERS

LEGAL AND REGULATORY MATTERS

8. LEGAL AND REGULATORY MATTERS

During the Second Quarter 2011, neither the Company nor any of its subsidiaries became a party to, nor did any of their property become the subject of, any material legal proceedings.  There were no material developments to any legal proceedings previously reported in the Company’s Annual Report on Form 10-K for the fiscal year ended January 29, 2011 and in the Company’s Quarterly Report on Form 10-Q for the quarter ended April 30, 2011.

The Company is also involved in various legal proceedings arising in the normal course of business.  In the opinion of management, any ultimate liability arising out of these proceedings will not have a material effect on the Company’s financial condition.