XML 58 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9
SOUTH HILL CONSOLIDATION
12 Months Ended
Jan. 31, 2015
Restructuring and Related Activities [Abstract]  
SOUTH HILL CONSOLIDATION [Text Block]
NOTE 16 - SOUTH HILL CONSOLIDATION

On February 11, 2013, we announced plans to consolidate our South Hill, Virginia operations into our Houston, Texas corporate headquarters ("South Hill Consolidation"). This action was the culmination of an initiative that we began in 2012. The reasons for the South Hill Consolidation were: (i) to have department store functions and processes entirely together in one location, (ii) to strengthen collaboration, teamwork and communications, while streamlining operations, enhancing overall operational efficiency and reducing costs, and (iii) to create consistency in merchandising, marketing and e-commerce.
The South Hill Consolidation was completed during 2013, and all liabilities related to the consolidation have been paid. Total expenses in 2013 associated with the South Hill Consolidation, were $11.3 million. The costs, which were primarily for severance and transitional payroll and related benefits, recruiting and relocation costs, and visual presentation supplies and other, were recorded in SG&A expenses in the consolidated financial statements. We incurred and paid $2.7 million in 2012 primarily for transitional payroll and related benefits, recruiting and relocation costs, and property and equipment impairment. Merchandise cost of sales for 2013 also includes approximately $12.5 million related to the South Hill Consolidation due to inventory liquidation costs associated with discontinued vendors and merchandise and advertising allowances deferred in inventory. 
During 2014, we completed the sale of the building which housed our former South Hill operations. The building was sold for a gain of $0.8 million and is recorded as an offset to SG&A expenses.