8-K

                            UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                       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) :   July 24, 2003

                            SPIEGEL, INC.

   (Exact name of registrant as specified in its charter)


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

   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 July 24, 2003, the Registrant issued the press releases attached hereto
as Exhibits 99 and incorporated herein by reference.


Item 7.  Exhibits.

(c) Exhibits

    Exhibit 99       Press release dated July 24, 2003

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SIGNATURES

Pursuant to the requirements of the Securities Exchange 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:   July 24, 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 July 24, 2003

EX-99

EXHIBIT 99

The Spiegel Group Takes Additional Steps in Reorganization Process

Plans to Further Consolidate Order Fulfillment Operations: Distribution
Fulfillment Services in Groveport, Ohio to Support all Merchant Divisions;
Distribution Center in Newport News, Va. to Close

Plans to Close Customer Contact Center in Rapid City, S.D.

DOWNERS GROVE, Ill., July 24, 2003 -- The Spiegel Group (Spiegel, Inc.) today
announced that it plans to close one of its customer contact centers and to
further consolidate its merchandise order fulfillment operations.  These
actions are part of the company's ongoing initiatives to streamline its
operations, reducing its cost structure and improving efficiencies.
  The company's Spiegel Group TeleServices division, which handles the
customer sales and service calls for The Spiegel Group merchant companies,
will close a customer contact center located in Rapid City, S.D., which
employs approximately 240 associates.  The facility is scheduled to close
at the end of December 2003.  The company's network of customer contact
centers located in Hampton, Va., Saint John, New Brunswick, Canada, and
Sydney, Nova Scotia, Canada, will handle the customer sales and service needs
for the Group's merchant companies -- Eddie Bauer, Newport News and Spiegel
Catalog.
  In the consolidation of its order fulfillment operations, the company will
close a distribution center, which employs approximately 400 associates and
supports the company's Newport News division.  Located in Newport News, Va.,
the facility is scheduled to close at the end of December 2003.
  At the beginning of January 2004, the company will begin processing and
shipping merchandise orders for all its merchant divisions through
Distribution Fulfillment Services (DFS), a wholly owned subsidiary of
Spiegel, Inc., which now serves Eddie Bauer and Spiegel Catalog, and is
headquartered in Groveport, Ohio.
  Also, as part of the consolidation, the company is moving its DFS retail
distribution operations from its facility in Columbus, Ohio, to its facility
in Groveport, Ohio, a Columbus, Ohio suburb. The company expects that most
of the associates who are working in retail distribution at the Columbus
facility will transfer to the Groveport facility when this part of the
consolidation is completed in September 2003.  However, as a result of this
action, approximately 40 associates in support positions at DFS will be
released in September 2003.
  The company will provide severance and other benefits to employees affected
by these actions.  "These actions are based on the results of an analysis of the
capacity and facility costs of the company's customer contact center network and
its warehousing and logistics operations," said Alexander Birken, senior vice
president and chief administrative officer for The Spiegel Group.
"Consolidating the company's logistical support at DFS improves the utilization
of the Group's operations while better leveraging the company's fixed costs.
DFS is well equipped to handle current distribution and fulfillment for all our
merchant companies while offering flexibility for the future," Birken said.
  "Reducing the number of customer contact centers provides the most cost-
effective structure for our network while allowing us to continue to deliver
excellent customer service, and offering us the flexibility to manage the
seasonality of our business and efficiently route call volume across the
network," Birken said.
  "We are proud of our dedicated, hard-working associates at the customer
contact center in Rapid City, S.D., and at the distribution center in Newport
News, Va.  We salute their achievements in customer service, efficiency and
accuracy," Birken said.  "They have demonstrated their professionalism time
and again, and I know they will continue to provide excellent customer service
throughout the transition period.  We regret having to close these facilities;
however, this is the right business decision for the Group," he said.

Background
  The Rapid City, S.D., customer contact center opened in 1991 and is located at
2700 N. Plaza Drive in Rapid City, S.D.
  The Newport News distribution center opened in 1973 and is located at 5201
City Line Road in Newport News, Va.
  Distribution Fulfillment Services (DFS) opened in 1994 and serves the catalog
and e-commerce fulfillment and distribution needs, as well as the retail
distribution needs, of Eddie Bauer and Spiegel Catalog.  Its Columbus facility
is located at 4545 Fisher Road and its Groveport facility is located at 6600
Alum Creek Drive.

About the Company
  The Spiegel Group is a leading international specialty retailer marketing
fashionable apparel and home furnishings to customers through catalogs,
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 and Spiegel Catalog.  Investor
relations information is available on The Spiegel Group Web site at
http://www.thespiegelgroup.com.

Forward Looking Statements
  This press release contains statements that are forward-looking within the
meaning of applicable federal securities laws and are based upon the
company's current expectations and assumptions.  You should not place undue
reliance on those statements because they speak only as of the date of this
release. Forward-looking statements include information concerning the
company's possible or assumed future financial condition or results of
operations.  These statements often include words such as "expect," "plan,"
"believe," "anticipate," "intend," "estimate," or similar expressions.  As
you read and consider this release, you should understand that these
statements are not guarantees of financial condition, performance or results.
They involve risks, uncertainties and assumptions.  Although the company
believes that these forward-looking statements are based on reasonable
assumptions, you should be aware that many factors could affect its actual
financial results and actual results could differ materially from the
forward-looking statements.  These factors include, but are not limited to,
uncertainty regarding the company's ability to continue as a going concern;
uncertainty regarding the company's ability to operate pursuant to the terms
of the debtor-in-possession (DIP) financing facility; uncertainty regarding
the company's ability to develop and consummate one or more plans of
reorganization; risks associated with third parties seeking and obtaining
court approval to terminate or shorten the exclusivity period for the company
to propose and confirm one or more plans of reorganization, for the
appointment of a Chapter 11 trustee or to convert the Chapter 11 case to a
Chapter 7 case; the effect on the company's net sales and cash flow of its
decision to stop accepting private-label credit cards at its merchant
companies; the effects on the company of the Pay-Out Events experienced by
all of the company's securitization agreements that are backed by the
company's credit card receivables; the ultimate effect on the company of the
pending investigation by the SEC; the uncertainty relating to the sale or
liquidation of the bankcard segment; the ability of the company to maintain
trade credit and contracts that are important to its operations; the financial
strength and performance of the retail and direct marketing industry; changes
in consumer spending patterns; risks associated with collections on the
company's credit card portfolio; the success of merchandising, advertising,
marketing and promotional campaigns; and various other factors beyond the
company's control.
  All future written and oral forward-looking statements made by the company
or persons acting on the company's behalf are expressly qualified in their
entirety by the cautionary statements contained or referred to above.  Except
for the company's ongoing obligations to disclose material information as
required by the federal securities laws, the company does not have any
obligation or intention to release publicly any revisions to any forward-
looking statements to reflect events or circumstances in the future or to
reflect the occurrence of unanticipated events.

Contacts: Debbie Koopman
          630/769-2596
          Debbie_Koopman@spgl.com