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):   November 17, 2003

                            SPIEGEL, INC.

   (Exact name of registrant as specified in its charter)


  Delaware                 0-16126             36-2593917
 (State of 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 4.  Changes in Registrant's Certifying Accountant

On November 17, 2003, Spiegel, Inc. ("the Company") determined to dismiss
its independent auditors, KPMG LLP.  This action was approved by the
Company's Audit Committee and the Board of Directors was notified of the
decision.

During the latest two fiscal years ended December 29, 2001 that are covered
by an audit report of KPMG LLP dated February 14, 2002 except for Notes
2,3,4,5,9,11,12 and 14 which were as of January 31, 2003 and subsequent
interim periods through November 17, 2003, there were no disagreements
between the Company and KPMG LLP on any matter of accounting principles or
practices, financial statement disclosures, or auditing scope or procedure,
which disagreements, if not resolved to KPMG LLP's satisfaction, would have
caused KPMG LLP to make reference to the subject matter of the disagreement
in their report on the financial statements.

During the latest two fiscal years ended December 29, 2001 that are covered
by an audit report of KPMG LLP and subsequent interim periods through
November 17, 2003, there were certain reportable events (as defined in
Item 304 (a)(1)(v) of Regulation S-K), as follows:

  As previously reported, on March 7, 2003, the SEC commenced a civil
  proceeding against the Company in federal court in Chicago.
  Simultaneously with the filing of the SEC's complaint, the Company
  announced that it had entered into a consent and stipulation with the
  SEC resolving, in part, the claims asserted in the SEC action.  The
  Company consented to the appointment of an independent examiner by the
  court to review its financial records since January 1, 2000.  On
  September 5, 2003, the independent examiner report was issued and on
  September 12, 2003 the report was filed under separate cover of Form 8-K.
  The Independent Examiner's report questions, among other things, the
  valuation of the Company's retained interests in securitization
  transactions dating back to December 2000.  As of the termination date
  of KPMG LLP, the Company continues to analyze the findings of the
  independent examiner's report.

  On February 25, 2003 KPMG LLP informed the Audit Committee of certain
  internal control deficiencies that constitute reportable conditions.
  These control deficiencies relate to the Company's wholly owned
  subsidiary, FCNB.  The deficiencies relate to routine transactions
  and accounting estimates, policies and procedures, and account balance
  classifications in the financial statements.  KPMG LLP had not completed
  the audit of the fiscal year 2002 financial statements at the time the
  internal control deficiency was communicated and have not reported on
  fiscal year 2002 as of the date of this filing.

The audit report of KPMG LLP on the consolidated financial statements of
the Company as of the fiscal year ended December 29, 2001 contained a
reference to the substantial doubt about the Company's ability to continue
as a going concern based upon the Company's non-compliance with certain
restrictive covenants in its debt agreements and non-compliance with
certain provisions of agreements with the insurer of its asset-backed
securitization transactions.

During the latest two fiscal years ended December 29, 2001 that are
covered by an audit report of KPMG LLP and the subsequent interim periods
through November 17, 2003 the Company did not consult with other auditors
regarding any of the matters or events in Item 304(a)(2)(i) and (ii) of
Regulation S-K.

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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:   November 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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