PROPERTY AND EQUIPMENT, NET

6 Months Ended

Jul. 29, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NETProperty and equipment consisted of the following:

	July 29, 2023		January 28, 2023		July 30, 2022
	(in thousands)
Property and equipment:
Land and land improvements	$	3,403	$	3,403	$	3,403
Building and improvements	36,187		36,187		36,187
Material handling equipment	89,389		71,404		68,450
Leasehold improvements	178,536		196,302		195,342
Store fixtures and equipment	200,201		210,413		205,961
Capitalized software	347,343		336,336		333,967
Construction in progress	7,134		23,959		16,913
	862,193		878,004		860,223
Less accumulated depreciation and amortization	(720,949)		(728,130)		(705,485)
Property and equipment, net	$	141,244	$	149,874	$	154,738

At July 29, 2023 and July 30, 2022, the Company reviewed its store related long-lived assets for indicators of impairment, and performed a recoverability test if indicators were identified. Based on the results of the analyses performed, the Company recorded asset impairment charges in the Second Quarter 2023 and Year-To-Date 2023 of $0.8 million and $2.5 million, respectively, inclusive of right-of-use (“ROU”) assets. The Company recorded asset impairment charges in the Second Quarter 2022 and Year-To-Date 2022 of $1.4 million, inclusive of ROU assets.