8-K

                            UNITED STATES
                  SECURITIES AND EXCHANGE COMMMISSION
                       Washington, D.C. 20549


                              FORM 8-K
                           Current Report
                Pursuant to Section 13 or 15d of the
                  Securities Exchange Act of 1934


Date of Report (Date of earliest event reported) :   March 6, 2003

                            SPIEGEL, INC.

   (Exact name of registrant as specified in its charter)


  Delaware                 0-16126             36-2593917
 (State of                 (Commission file    (I.R.S. Employer
                            number)             Identification No.)

   3500 Lacey Road
   Downers Grove, IL                            60515-5432
  (Address of principal executive offices)      (Zip Code)


                            (630) 986-8800
       (Registrant's telephone number, including area code)

                               No Change
  (Former name or Former address, if changed since last report)

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Item 5. Other Events

On March 6, 2003, the Registrant issued the press release attached hereto
as Exhibit 99 and incorporated herein by reference.

Item 7.  Exhibits.

(c) Exhibits

    Exhibit 99       Press release dated March 6, 2003

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SIGNATURES

Pursuant to the requirements of the Securities Exhchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.

                                       SPIEGEL, INC.
                                       (Registrant)

Dated:   March 6, 2003            By: /s/ James M. Brewster
                                     -------------------------
                                     James M. Brewster
                                     Senior Vice President
                                     and Chief Financial Officer
                                     (Principal Accounting and
                                      Financial Officer)

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EXHIBIT INDEX

Exhibit No.

99           Spiegel, Inc. press release dated March 6, 2003.

EX-99

EXHIBIT 99

The Spiegel Group Reports February Sales

DOWNERS GROVE, Ill. - March 6, 2003 - The Spiegel Group today reported
sales of $120.1 million for the four weeks ended February 22, 2003, a
23 percent decrease from sales of $156.6 million for the four weeks
ended February 23, 2002.
  For the eight weeks ended February 22, 2003, total sales declined 20
percent to $255.7 million from $319.2 million in the same period last year.
  The company also reported that comparable-store sales for its Eddie Bauer
division decreased 12 percent for the four-week period and six percent for
the eight-week period ended February 22, 2003.  The company stated that
unseasonably cold weather adversely impacted the demand for spring apparel.
In addition, severe weather conditions over the important Presidents Day
weekend resulted in store closings, primarily in the Northeast.
  The Group's total retail sales fell 13 percent compared to last year,
reflecting the negative comparable-store performance and a reduction in the
number of stores.  Total direct sales decreased 30 percent compared to last
year, primarily due to a planned reduction in catalog circulation and weak
customer demand.
  The Spiegel Group is a leading international specialty retailer marketing
fashionable apparel and home furnishings to customers through catalogs, 560
specialty retail and outlet stores, and e-commerce sites, including
eddiebauer.com, newport-news.com and spiegel.com.  The Spiegel Group's
businesses include Eddie Bauer, Newport News, Spiegel Catalog and First
Consumers National Bank.  The company's Class A Non-Voting Common Stock
trades on the over-the-counter market ("Pink Sheets") under the ticker
symbol: SPGLA.  Investor relations information is available on The Spiegel
Group Web site at http://www.thespiegelgroup.com.