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Inventory
12 Months Ended
Jan. 29, 2022
Inventory Disclosure [Abstract]  
Inventory INVENTORY:We use the moving average cost method to determine the cost of merchandise inventories. We identify potentially excess and slow-moving inventories by evaluating inventory aging, turn rates and inventory levels in conjunction with our overall sales trend. Further, inventory realization exposure is identified through analysis of gross margins and markdowns in combination with changes in current business trends. We record excess and slow-moving inventories at net realizable value. Inventory write-offs during fiscal 2021, 2020 and 2019 were $0.5 million, $65.2 million and $8.3 million, respectively. The $65.2 million inventory write-off for fiscal 2020 included $55.4 million in significant inventory-write offs as a result of changes in the market for those inventories and the resulting slowdown in sell through rates due to the impact of the pandemic during fiscal 2020.