BASIS OF PRESENTATION (Tables)

12 Months Ended

Mar. 02, 2013

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Schedule Of Adjustments Of Assets and Liabilities To Net Realizable Value Disclosure [Table Text Block]

The recording of assets at estimated net realizable value and liabilities at estimated settlement amounts under the liquidation basis of accounting required the Company to record the following adjustments as of October 30, 2011, (in thousands):

Adjust assets and liabilities	Amount
Write up of real estate to estimated net realizable value	$	(78,604	)
Estimated lease settlement costs		51,150
Write down of other fixed assets		35,567
Reversal of existing deferred rent liability		(8,741	)
Write up inventory to net realizable value		(6,063	)
Write down prepaid assets		3,000
Adjust other liquidation costs		(1,365	)
Total	$	(5,056	)

Schedule of Accrued Liabilities [Table Text Block]

The company’s accrued costs expected to be incurred in liquidation and recorded payments made related to the accrued liquidation costs are as follows (in thousands):

	Balance								Balance							Balance
	October 30,		Adjustments						February 25,		Adjustments					March 2,
Estimated Costs of Liquidation	2011		to Reserves			Payments			2012		to Reserves		Payments			2013
Real estate related carrying costs	$	14,267	$	(4,918	)	$	(1,699	)	$	7,650	$	13,763	$	(5,760	)	$	15,653
Professional fees		16,868		7,210			(1,158	)		22,920		13,879		(31,753	)		5,046
Payroll related costs		7,775		2,123			(8,321	)		1,577		4,938		(3,087	)		3,428
Other		3,214		(1,276	)		(1,769	)		169		1,159		(968	)		360
	$	42,124	$	3,139		$	(12,947	)	$	32,316	$	33,739	$	(41,568	)	$	24,487

Schedule Of Adjustments To Fair Value Of Assets and Liabilities [Table Text Block]

The following table summarizes adjustments to the fair value of assets and liabilities under the liquidation basis of accounting during the eighteen week period ended February 25, 2012 and the fiscal year ended March 2, 2013 (in thousands):

Adjustments of Assets and Liabilities to Net Realizable Value	October 30, 2011 through February 25, 2012			February 26, 2012 through March 2, 2013
Adjust real estate to estimated net realizable value	$	(7,189	)	$	16,688
Adjust other assets to estimated net realizable value		18			(2,891	)
Adjust estimated lease settlement costs to net realizable value		3,064			11,922
Adjust liability to restore properties		(5,184	)		311
Adjust obligation to former majority shareholder		-			(19,566	)
Adjust obligation to customers		-			4,601
Adjust pension liability		(11,970	)		1,860
Adjust write up of inventory to net realizable value		2,314			-
Adjust other liquidation costs		(4,619	)		-
Adjust other claims to net realizable value		-			(572	)
	$	(23,566	)	$	12,353