Seal123 (WTSL) Inactive 10-Q11 Sep 142014 Q2 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Aug. 02, 2014	Sep. 05, 2014	Sep. 05, 2014
	Aug. 02, 2014	Common Stock Class A	Common Stock Class B
Entity Registrant Name	'WET SEAL INC	'	'
Entity Central Index Key	'0000863456	'	'
Document Type	'10-Q	'	'
Document Period End Date	2-Aug-14	'	'
Amendment Flag	'false	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q2	'	'
Current Fiscal Year End Date	'--01-31	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	84,309,311	0

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Aug. 02, 2014	Feb. 01, 2014	Aug. 03, 2013
In Thousands, unless otherwise specified	Aug. 02, 2014	Feb. 01, 2014	Aug. 03, 2013
CURRENT ASSETS:	'	'	'
Cash and cash equivalents	$40,274	$38,772	$27,773
Short-term investments	0	7,386	51,948
Income tax receivables	0	141	141
Other receivables	2,403	3,230	975
Merchandise inventories	38,382	31,209	40,910
Prepaid expenses and other current assets	13,983	12,742	13,803
Total current assets	95,042	93,480	135,550
EQUIPMENT AND LEASEHOLD IMPROVEMENTS:	'	'	'
Leasehold improvements	52,768	78,097	91,480
Furniture, fixtures and equipment	52,283	60,143	64,345
Gross equipment and leasehold improvements	105,051	138,240	155,825
Less accumulated depreciation and amortization	-68,150	-81,951	-89,812
Net equipment and leasehold improvements	36,901	56,289	66,013
OTHER ASSETS:	'	'	'
Other assets	1,520	1,970	3,016
Total other assets	1,520	1,970	3,016
TOTAL ASSETS	133,463	151,739	204,579
CURRENT LIABILITIES:	'	'	'
Current portion of convertible debt	6,450	0	0
Accounts payable b merchandise	23,401	18,530	24,401
Accounts payable b other	7,780	8,814	10,410
Accrued liabilities	19,507	20,704	24,826
Current portion of deferred rent	3,640	3,508	2,952
Total current liabilities	60,778	51,556	62,589
LONG-TERM LIABILITIES:	'	'	'
Warrants and Embedded derivatives	2,757	0	0
Senior convertible debt, net of discount of $4,830, at August 2, 2014	15,720	0	0
Deferred rent	29,481	31,066	31,171
Other long-term liabilities	0	1,784	1,834
Total long-term liabilities	47,958	32,850	33,005
Total liabilities	108,736	84,406	95,594
STOCKHOLDERSb EQUITY:	'	'	'
Paid-in capital	218,036	216,944	241,012
Accumulated deficit	-201,654	-157,864	-115,413
Treasury stock, 351,692 shares, 35,225 shares and 6,486,258 shares, at cost, at August 2, 2014, February 1, 2014, and August 3, 2013, respectively	-141	-68	-25,606
Accumulated other comprehensive loss	0	-152	-127
Total stockholdersb equity	24,727	67,333	108,985
TOTAL LIABILITIES AND STOCKHOLDERSb EQUITY	133,463	151,739	204,579
Common Stock Class A	'	'	'
STOCKHOLDERSb EQUITY:	'	'	'
Common stock	8,486	8,473	9,119
Common Stock Class B	'	'	'
STOCKHOLDERSb EQUITY:	'	'	'
Common stock	$0	$0	$0

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) (USD $)	Aug. 02, 2014	Feb. 01, 2014	Aug. 03, 2013
In Thousands, except Share data, unless otherwise specified	Aug. 02, 2014	Feb. 01, 2014	Aug. 03, 2013
Treasury stock	351,692	35,225	6,486,258
Common Stock Class A	'	'	'
Common stock, par value (in dollars per share)	0.1	0.1	0.1
Common stock, shares authorized	300,000,000	300,000,000	300,000,000
Common stock, shares issued	84,860,314	84,730,594	91,188,299
Common stock, shares outstanding	84,508,622	84,695,369	84,702,041
Common Stock Class B	'	'	'
Common stock, par value (in dollars per share)	0.1	0.1	0.1
Common stock, shares authorized	10,000,000	10,000,000	10,000,000
Common stock, shares issued	0	0	0
Common stock, shares outstanding	0	0	0
Convertible Debt [Member]	'	'	'
Senior convertible debt, discount	4,830	'	'

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013
Income Statement [Abstract]	'	'	'	'
Net sales	$121,176	$137,249	$237,904	$277,694
Cost of sales	94,812	96,597	188,409	194,811
Gross margin	26,364	40,652	49,495	82,883
Selling, general, and administrative expenses	36,901	39,412	74,398	76,849
Asset impairment	12,740	262	20,058	1,858
Operating (loss) income	-23,277	978	-44,961	4,176
Interest income	64	53	95	101
Interest expense	-1,263	-54	-1,716	-108
Interest expense, net	-1,199	-1	-1,621	-7
Gain on warrants and derivatives liabilities	2,496	0	2,935	0
(Loss) income before provision for income taxes	-21,980	977	-43,647	4,169
Provision for income taxes	29	19	143	101
Net (loss) income	($22,009)	$958	($43,790)	$4,068
Net (loss) income per share, basic (in dollars per share)	($0.26)	$0.01	($0.52)	$0.05
Net (loss) income per share, diluted (in dollars per share)	($0.26)	$0.01	($0.52)	$0.05
Weighted-average shares outstanding, basic (in shares)	84,189,702	85,800,626	84,144,741	87,178,655
Weighted-average shares outstanding, diluted (in shares)	84,189,702	85,975,029	84,144,741	87,243,412

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive (Loss) Income Statement (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Aug. 02, 2014		Aug. 03, 2013		Aug. 02, 2014		Aug. 03, 2013
Statement of Comprehensive Income [Abstract]	'		'		'		'
Net (loss) income	($22,009)		$958		($43,790)		$4,068
Other comprehensive gain:	'		'		'		'
Gain on settlement of Supplemental Employee Retirement Plan Liability	152	[1]	0	[1]	152	[1]	0	[1]
Comprehensive (loss) income	($21,857)		$958		($43,638)		$4,068

[1]	Amounts are shown net of income taxes. Due to the Company's valuation allowance, there is no tax impact. The entire Accumulated Other Comprehensive Loss ("AOCL") balance related to the SERP liability. As such, the amount transferred out of AOCL in the current quarter relates entirely to the retirement of the SERP liability.

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (USD $)		Total		Paid-In Capital	Accumulated Deficit	Treasury Stock	Accumulated Other Comprehensive Loss	Common Stock Class A	Common Stock Class A	Common Stock Class B	Common Stock Class B
In Thousands, except Share data, unless otherwise specified		USD ($)		USD ($)	USD ($)	USD ($)	USD ($)		Common Stock		Common Stock
									USD ($)		USD ($)
Balance at Feb. 02, 2013		$128,732		$239,698	($119,481)	($412)	($127)	'	$9,054	'	$0
Balance, shares at Feb. 02, 2013		'		'	'	'	'	'	90,541,144	'	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]		'		'	'	'	'	'	'	'	'
Net (loss) income		4,068		'	4,068	'	'	'	'	'	'
Stock issued pursuant to long-term incentive plans		'		-50	'	'	'	'	50	'	'
Stock issued pursuant to long-term incentive plans, shares		'		'	'	'	'	'	496,292	'	'
Stock-based compensation		845		845	'	'	'	'	'	'	'
Exercise of stock options		534		519	'	'	'	'	15	'	'
Exercised of stock options, shares		'		'	'	'	'	'	150,863	'	'
Settlement of SERP liability	[1]	0		'	'	'	'	'	'	'	'
Repurchase of common stock		-25,194		'	'	-25,194	'	'	'	'	'
Balance at Aug. 03, 2013		108,985		241,012	-115,413	-25,606	-127	'	9,119	'	0
Balance, shares at Aug. 03, 2013		'		'	'	'	'	91,188,299	91,188,299	0	0
Balance at Feb. 01, 2014		67,333		216,944	-157,864	-68	-152	'	8,473	'	0
Balance, shares at Feb. 01, 2014		'		'	'	'	'	84,730,594	84,730,594	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]		'		'	'	'	'	'	'	'	'
Net (loss) income		-43,790		'	-43,790	'	'	'	'	'	'
Stock issued pursuant to long-term incentive plans		'		-13	'	'	'	'	13	'	'
Stock issued pursuant to long-term incentive plans, shares		'		'	'	'	'	'	129,720	'	'
Stock-based compensation		1,105		1,105	'	'	'	'	'	'	'
Exercised of stock options, shares		0		'	'	'	'	'	'	'	'
Settlement of SERP liability		152	[1]	'	'	'	152	'	'	'	'
Repurchase of common stock		-73		'	'	-73	'	'	'	'	'
Balance at Aug. 02, 2014		$24,727		$218,036	($201,654)	($141)	$0	'	$8,486	'	'
Balance, shares at Aug. 02, 2014		'		'	'	'	'	84,860,314	84,860,314	0	'

[1]	Amounts are shown net of income taxes. Due to the Company's valuation allowance, there is no tax impact. The entire Accumulated Other Comprehensive Loss ("AOCL") balance related to the SERP liability. As such, the amount transferred out of AOCL in the current quarter relates entirely to the retirement of the SERP liability.

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Aug. 02, 2014	Aug. 03, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net (loss) income	($43,790)	$4,068
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:	'	'
Depreciation and amortization	5,499	6,775
Amortization of debt discount	861	0
Amortization of premium on investments	6	112
Amortization of deferred financing costs	263	54
Gain on warrants and derivatives liabilities	-2,935	0
Gain on settlement of SERP liability	-696	0
Gain on termination of Arden B loyalty program	-237	0
Loss on disposal of equipment and leasehold improvements	36	47
Asset impairment	20,058	1,858
Stock-based compensation	1,105	845
Changes in operating assets and liabilities:	'	'
Income tax receivables	141	145
Other receivables	827	763
Merchandise inventories	-7,173	-7,122
Prepaid expenses and other current assets	-721	-414
Other non-current assets	1,551	37
Accounts payable and accrued liabilities	3,878	-3,409
Deferred rent	-1,453	-302
Other long-term liabilities	-1,156	-74
Net cash (used in) provided by operating activities	-23,936	3,383
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Purchase of equipment and leasehold improvements	-7,026	-8,863
Proceeds from disposal of equipment and leasehold improvements	23	0
Investment in marketable securities	0	-9,500
Proceeds from maturity of marketable securities	7,380	25,134
Net cash provided by investing activities	377	6,771
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Proceeds from exercise of stock options	0	534
Repurchase of common stock	-73	-25,194
Payment of deferred financing costs	-1,866	0
Proceeds from issuance of senior convertible notes	27,000	0
Net cash provided by (used in) financing activities	25,061	-24,660
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	1,502	-14,506
CASH AND CASH EQUIVALENTS, beginning of period	38,772	42,279
CASH AND CASH EQUIVALENTS, end of period	40,274	27,773
Cash paid during the period for:	'	'
Interest	596	37
Income taxes	195	420
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING TRANSACTIONS:	'	'
Purchase of equipment and leasehold improvements unpaid at end of period	1,089	3,733
Debt issuance costs unpaid at end of period	18	0
Initial fair value of warrants liability	3,610	0
Initial fair value of embedded derivatives liability	$2,081	$0

Summary_of_Significant_Account

Summary of Significant Accounting Policies

6 Months Ended

Aug. 02, 2014

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Basis of Presentation

The information set forth in these condensed consolidated financial statements as of and for the 13 and 26 weeks ended August 2, 2014, and August 3, 2013 (collectively, the “Interim Financial Statements”), is unaudited. These statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information. Certain information and footnote disclosures normally included in The Wet Seal, Inc. (the “Company”) annual consolidated financial statements have been condensed or omitted, as permitted under applicable rules and regulations. For further information, refer to the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2014. All references in this Quarterly Report on Form 10-Q to “fiscal 2013” and “fiscal 2014” mean the fiscal years ended February 1, 2014 and ending January 31, 2015, respectively.

In the opinion of management, the Interim Financial Statements reflect all adjustments that are of a normal and recurring nature necessary to fairly present the Company’s financial position and results of operations and cash flows in all material respects as of the dates and for the periods presented. The results of operations presented in the Interim Financial Statements are not necessarily indicative of the results that may be expected for the fiscal year ending January 31, 2015.

On April 24, 2014, the Company committed to a plan to wind down the operations of its Arden B brand (the "Plan") due to the long-term financial under-performance of the business. As of August 2, 2014, the Company operated 51 Arden B stores. As of August 3, 2014, 30 of the Arden B stores became Wet Seal Plus stores, 18 of the Arden B stores became Wet Seal stores, one of the Arden B stores continues to operate under the Arden B name but will transition to carrying Wet Seal product, and the 2 remaining stores continued to operate as Arden B stores until their closure in August 2014. The Company anticipates closing down the Arden B website in the third fiscal quarter of 2014. As of August 2, 2014, the Company has evaluated the applicable accounting guidance for discontinued operations due to the wind down of the Arden B operations and concluded that for the second quarter of fiscal 2014, the Arden B segment should be reported as part of the results from continuing operations. Arden B cash flows will cease by the end of the third quarter and the Company will not have any significant continuing involvement with the Arden B segment, and therefore, the Arden B segment will meet the conditions to be reported as a discontinued operation beginning in the third quarter of fiscal 2014. The Company maintains its intellectual property rights in the Arden B brand and affiliated trademarks and is exploring opportunities to preserve or monetize those rights.

In fiscal 2013 and the 26 weeks ended August 2, 2014, the Company incurred net losses of $38.4 million and $43.8 million and negative cash flow from operations of $17.6 million and $23.9 million, respectively. As of August 2, 2014, the Company had cash and cash equivalents of $40.3 million. In March 2014, the Company increased its liquidity through the senior convertible notes placement described in Note 4, "Senior Convertible Notes and Warrants." In addition, the Company has a $35.0 million senior revolving credit facility with $28.7 million of availability as of August 2, 2014. The Company’s total available liquidity as of August 2, 2014 was $69.0 million, including cash and cash equivalents and availability on the Company’s senior revolving credit facility.

In September 2014, the Company announced that it had entered into a securities purchase agreement to sell shares of its Class A common stock to a limited number of accredited investors in a private placement. Subject to the fulfillment of the closing conditions, the Company expects to receive at the closing gross proceeds from the placement of approximately $18.5 million and net proceeds of approximately $17.2 million to $17.7 million. Also in September 2014, the Company announced that, subject to applicable regulatory approvals, it intends to conduct a rights offering which, if subscribed, will allow the Company to raise equity capital through the sale of shares of its Class A common stock to its stockholders. The Company currently anticipates that the size of the rights offering will be between $25.0 and $30.0 million. The agreement for the private placement provides that the placement is to close concurrently with the closing of the rights offering. Subject to conditions, the Company currently expects that these transactions will close sometime in the fourth fiscal quarter of the current fiscal year. A number of factors may cause delays or difficulties and the closings for such transactions are subject to conditions, some of which are outside of the Company’s control. See Note 10, "Subsequent Events."

The distribution of the rights and the commencement of the rights offering may occur only after a registration statement to be filed by the Company with the Securities and Exchange Commission ("SEC") becomes effective. Nothing in this Form 10-Q shall constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of the securities under the securities laws of such state or jurisdiction.

The Company has historically financed its operations primarily from internally generated cash flows. These interim financial statements have been prepared on a basis of management’s belief that based on current forecasts, the Company believes that cash flows from operations, working capital, cash reserves, availability under its senior revolving credit facility and the anticipated proceeds from the private placement and the intended rights offering noted above will be sufficient to meet its operating and capital expenditure needs for the next twelve months in the normal course of business and do not include any adjustments that might result from uncertainties. If the Company is unable to complete the private placement and the intended rights offering, return to positive same-store sales growth and improve its gross margins in the future, and it then continues to experience negative cash flow from operations, the Company may deplete all of its cash reserves and be required to access most, if not all, of the senior revolving credit facility, and would potentially require other sources of financing to fund its operations, which sources might not be available, or if available, may not be on terms acceptable to the Company. In addition, the Company may need to take various actions, such as down-sizing, which could include exit costs, or reducing or delaying capital expenditures, strategic investments or other actions, and the Company's business could be materially and adversely affected and could raise substantial doubt about the Company’s ability to continue as a going concern. In this event, it could have an adverse impact on the Company's relationships with its merchandise vendors, lenders and other creditors.

On August 18, 2014, the Company received a letter from Nasdaq (the “Notice”) notifying the Company that the closing bid price of the Company’s common stock was below the $1.00 minimum bid price requirement for 30 consecutive business days and, as a result, the Company no longer complies with the minimum bid price requirement for continued listing on Nasdaq. The Notice also stated that the Company has been provided an initial cure period of 180 calendar days, or until February 17, 2015, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company’s common stock must be at least $1.00 per share for a minimum of 10 consecutive business days prior to February 17, 2015. If the Company does not regain compliance by February 17, 2015, it may be eligible for additional time. To qualify, the Company must submit, no later than February 17, 2015, an on-line transfer application. The Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second cure period by effecting a reverse stock split, if necessary. As part of its review process, Nasdaq will make a determination of whether they believe that the Company will be able to cure this deficiency. Should Nasdaq conclude that the Company will not be able to cure the deficiency, or should the Company determine not to submit a transfer application or make the required representation, Nasdaq will provide notice that the Company's securities will be subject to delisting.

If the Company's securities are delisted and the Company cannot obtain listing for the securities on another established market or exchange, its stock’s liquidity could suffer, and it would likely experience reduced investor interest. Such factors may result in a decrease in the Company's stock’s trading price. Delisting may also make it more difficult for the Company to issue additional securities or to secure financing. Furthermore, if the Company's common stock is not listed on the Nasdaq Global Select Market, the Nasdaq Global Market, the Nasdaq Capital Market or other eligible market, it would be an event of default under its Exchange Note which would enable the holder of the Exchange Note to demand that it redeem all or any portion of the convertible notes (including all accrued and unpaid interest and all interest that would have accrued through March 27, 2017, the maturity date), in cash pursuant to the terms of the notes. If an event of default under the Exchange Note occurs, the Company's available cash could be seriously depleted and its financial condition would be materially and adversely affected.

Significant Accounting Policies

Long-Lived Assets

The Company evaluates the carrying value of long-lived assets for impairment quarterly or whenever events or changes in circumstances indicate that the carrying value of such assets may not be recoverable. Factors that are considered important that could result in the necessity to perform an impairment review include a current-period operating or cash flow loss combined with a history of operating or cash flow losses and a projection or forecast that indicates continuing losses or insufficient income associated with the realization of a long-lived asset or asset group. Other factors include a significant change in the manner of the use of the asset or a significant negative industry or economic trend. This evaluation is performed based on estimated undiscounted future cash flows from operating activities compared with the carrying value of the related assets. If the estimated undiscounted future cash flows are less than the carrying value, an impairment loss is recognized, measured by the difference between the carrying value and the estimated fair value of the assets, based on discounted estimated future cash flows using the Company’s weighted average cost of capital. With regard to store assets, which are comprised of leasehold improvements, fixtures and computer hardware and software, the Company considers the assets at each individual store to represent an asset group. In addition, the Company has considered the relevant valuation techniques that could be applied without undue cost and effort and has determined that the discounted estimated future cash flow approach provides the most relevant and reliable means by which to determine fair value in this circumstance.

The Company conducts its quarterly impairment evaluation at the individual store level using the guidance under applicable accounting standards. The quarterly analysis includes the Company's estimates of future cash flows using only the cash inflows and outflows that are directly related to each store over the remaining lease term. Key assumptions made by the Company and included within the cash flow estimates are future sales and gross margin projections. The Company determines the future sales and gross margin projections by considering each store's recent and historical performance, the Company's overall performance trends and projections and the potential impact of strategic initiatives on future performance.

The Company's evaluations during the 13 and 26 weeks ended August 2, 2014, and August 3, 2013 included impairment testing of 70, 101, 38 and 47 stores and resulted in 63, 93, 2 and 8 stores being impaired, respectively, as their projected future cash flows were not sufficient to recover the net carrying value of their assets. Due to the Company's plan to wind down the Arden B brand, during the quarter ended May 3, 2014, it tested all Arden B stores with carrying value and the corporate assets associated with the Arden B website, which was also impaired as of May 3, 2014. The Company recorded the following non-cash charges within asset impairment in the condensed consolidated statements of operations to write down the carrying values of impaired stores' long-lived assets to their estimated fair values (in thousands except for number of stores):

13 Weeks Ended

26 Weeks Ended

August 2, 2014

August 3, 2013

August 2, 2014

August 3, 2013

Aggregate carrying value of all long-lived assets impaired

13,108

262

20,549

2,135

Less: Impairment charges - stores

12,740

262

19,674

1,858

Impairment charges - corporate

—

384

—

Aggregate fair value of all long-lived assets impaired

368

—

491

277

Number of stores with asset impairment

Of the 7 stores that were tested and determined not to be impaired during the 13 weeks ended August 2, 2014, 4 could be deemed to be at risk of future impairment. When making this determination, the Company considered the potential impact that reasonably possible changes to sales and gross margin performance versus the Company's current projections for these stores could have on their current estimated cash flows. Of the $12.7 million in impairment charges for the 13 weeks ended August 2, 2014, $0.1 million was for Arden B stores.

As noted above, the Company considers the potential impact expected from its strategic initiatives when determining the key assumptions to use within the projected cash flows for each store during its quarterly analysis. If the Company is not able to achieve its projected key financial metrics, and the strategic initiatives being implemented do not result in significant improvements in the Company's current financial performance trend, the Company may incur additional impairment in the future for those stores tested and not deemed to be impaired in its most recent quarterly analysis, as well as for additional stores not tested in its most recent quarterly analysis.

Capitalized interest included in equipment and leasehold improvements, net, totaled less than $0.1 million during the 13 and 26 weeks ended August 2, 2014.

Warrants for Common Stock and Embedded Derivatives

The Company’s common stock warrants and embedded derivatives have been bifurcated from the debt host and are classified as liabilities on the condensed consolidated balance sheet. The Company records the warrants and embedded derivatives liabilities at fair value and adjusts the carrying values to their estimated fair value at each reporting date, with the increases or decreases in the fair values at each reporting date recorded as a gain or (loss) in the condensed consolidated statements of operations. Refer to Note 4, "Senior Convertible Notes and Warrants" and Note 5, "Fair Value Measurements and Disclosures."

Income Taxes

The Company accounts for income taxes in accordance with applicable accounting standards which require that the Company recognize deferred tax assets, which include net operating loss carryforwards (NOLs) and tax credits, and liabilities based on the differences between the financial statement carrying amounts and the tax bases of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax expense or benefit results from the change in net deferred tax assets or deferred tax liabilities. Such guidance requires that deferred tax assets be reduced by a valuation allowance if it is more likely than not that some portion or all of the net deferred tax assets will not be realized. Due to the Company's three-year cumulative operating losses, the Company established a valuation allowance against all of its deferred tax assets in fiscal 2012. In addition, the Company discontinued recording income tax benefits in the condensed consolidated statements of operations. The Company will not record income tax benefits until it is determined that it is more likely than not that the Company will generate sufficient taxable income to realize the deferred income tax assets. The Company remains in a cumulative three-year operating loss position and realization of its deferred income tax assets is not deemed to be more likely than not. Prospectively, as the Company continues to evaluate available evidence, it is possible that the Company may deem some or all of its deferred income tax assets to be realizable.

The Company has approximately $165.0 million of federal NOLs available to offset taxable income in fiscal 2014 and thereafter, subject to certain annual limitations based on the provisions of Section 382 of the Internal Revenue Code. It is possible that the contemplated private placement and intended rights offering described in Note 10, "Subsequent Events," if completed, may result in additional ownership changes for purposes of Section 382. The Company's effective tax rates for the 13 and 26 weeks ended August 2, 2014, were approximately negative 0.1% and negative 0.3%, respectively, despite its net loss. These effective rates are due to certain state income taxes for fiscal 2014 that are not based on consolidated net income. The Company expects a negative 0.3% effective income tax rate for fiscal 2014, although a number of factors could cause its actual effective tax rate for fiscal 2014 to differ.

Other Comprehensive Income

Other comprehensive income refers to gains and losses that are recorded as an element of stockholders' equity but are excluded from net loss. Employers are required to recognize the over or under funded status of defined benefit plans and other postretirement plans in the statement of financial position and to recognize changes in the funded status in the year in which the changes occur through comprehensive (loss) income. Other comprehensive (loss) income in the condensed consolidated balance sheets is zero, due to the settlement of the Company’s supplemental employee retirement plan liability. Refer to Note 2, Stock-Based Compensation and Supplemental Employee Retirement Plan.

Recent Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board ("FASB") issued amended guidance on the presentation of financial statements and reporting discontinued operations and disclosures of disposals of components of an entity within property, plant and equipment. This guidance amends the definition of a discontinued operation and requires entities to disclose additional information about disposal transactions that do not meet the discontinued-operations criteria. The effective date is for disposals that occur in annual periods (and interim periods therein) beginning on or after December 15, 2014. Early adoption is permitted. As discussed under "Basis of Presentation" above, the Company evaluated its wind down of the Arden B brand under the existing discontinued operations guidance and did not elect early adoption of this amended guidance.

In May 2014, the FASB issued a new accounting standard which amends the existing accounting standards for revenue recognition. This new standard is based on principles that govern the recognition of revenue at an amount to which an entity expects to be entitled when products are transferred to customers. The Company is required to adopt this new standard for annual and interim periods beginning after December 15, 2016. Early adoption is not permitted. The new revenue accounting standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. Based on the Company’s evaluation of this standard, adoption is not expected to have a material impact on the Company’s consolidated financial statements.

In June 2014, the FASB issued a new stock compensation accounting standard, which requires an entity to treat a performance target that affects vesting and that could be achieved after the requisite service period as a performance condition. Under this new standard, the performance target should not be reflected in estimating the grant-date fair value of the award, and compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved, and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered; if the performance target becomes probable of being achieved before the end of the requisite service period, then the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest, and should be adjusted to reflect those awards that ultimately vest. The Company is required to adopt this new standard for annual and interim periods beginning after December 15, 2015. The Company does not expect the adoption of this new standard to have a material impact on its consolidated financial statements.

In August 2014, the FASB issued a new accounting standard which requires management to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern for each annual and interim reporting period. If substantial doubt exists, additional disclosure is required. This new standard will be effective for the Company for annual and interim periods beginning after December 15, 2016. Early adoption is permitted. The Company expects to adopt this new standard for the fiscal year ending February 3, 2018 and the Company will continue to assess the impact on its consolidated financial statements.

StockBased_Compensation

Stock-Based Compensation	6 Months Ended
	Aug. 02, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock-Based Compensation and Supplemental Employee Retirement Plan	'
	Stock-Based Compensation and Supplemental Employee Retirement Plan
	The Company has one stock incentive plan under which shares were available for grant at August 2, 2014: the 2005 Stock Incentive Plan (the “2005 Plan”). The Company previously granted share awards under its 1996 Long-Term Incentive Plan (the “1996 Plan”) that remain unvested and/or unexercised as of August 2, 2014; the 1996 Plan expired during fiscal 2006, and no further share awards may be granted under the 1996 Plan. The 2005 Plan and the 1996 Plan are collectively referred to as the “Plans.”
	The 2005 Plan permits the granting of options, restricted common stock, performance share awards, restricted and performance stock units, or other equity-based awards to the Company’s employees, officers, directors, and consultants. The Company believes the granting of equity-based awards helps to align the interests of its employees, officers and directors with those of its stockholders. The Company has a practice of issuing new shares to satisfy stock option exercises, as well as for restricted stock, performance share grants and other awards made or settled in the form of Company stock. The 2005 Plan was approved by the Company’s stockholders on January 10, 2005, as amended with stockholder approval on July 20, 2005, for the issuance of incentive awards covering 12,500,000 shares of Class A common stock. Additionally, an amended and restated 2005 Plan was approved by the Company’s stockholders on May 19, 2010, which increased the incentive awards capacity to 17,500,000 shares of Class A common stock. The Company amended the 2005 Plan in August 2014 to permit the grant of up to 4,000,000 shares as inducement grants. Refer to Note 10, Subsequent Events. An aggregate of 22,557,528 shares of Class A common stock have been issued or may be issued pursuant to the Plans. As of August 2, 2014, 2,052,826 shares were available for future grants under the 2005 Plan.
	Stock Options
	The Plans provide that the per-share exercise price of a stock option may not be less than the fair market value of the Company’s Class A common stock on the date the option is granted. Under the Plans, outstanding options vest over periods ranging from three to five years from the grant date and expire from five to ten years after the grant date. Certain stock option and other equity-based awards provide for accelerated vesting if there is a change in control (as defined in the Plans). The Company records compensation expense for employee stock options based on the estimated fair value of the options on the date of grant using the Black-Scholes option-pricing model. The Company uses historical data, the implied volatility of market-traded options and other factors to estimate the expected price volatility, option lives, and forfeiture rates.
	The risk-free rate is based on the U.S. Treasury yield curve in effect at the time of grant and the estimated life of the option. The following weighted-average assumptions were used to estimate the fair value of options granted during the periods indicated using the Black-Scholes option-pricing model:


		13 Weeks Ended						26 Weeks Ended
		August 2, 2014			August 3, 2013			August 2, 2014			August 3, 2013
	Dividend Yield	—	%		—	%		—	%		—	%
	Expected Volatility	41.66	%		40.73	%		41.66	%		40.92	%
	Risk-Free Interest Rate	1	%		0.7	%		1.02	%		0.56	%
	Expected Life of Options (in Years)	3.3			3.3			3.3			3.3

	At August 2, 2014, there was $0.5 million of total unrecognized compensation expense related to nonvested stock options under the Company’s share-based payment plans, which will be recognized over an average period of 2.4 years, representing the remaining vesting periods of such options through fiscal 2017.
	The following table summarizes the Company’s stock option activities with respect to its Plans for the 26 weeks ended August 2, 2014 (aggregate intrinsic value in thousands):


	Options	Number of			Weighted-				Weighted-		Aggregate
		Shares			Average				Average		Intrinsic
					Exercise				Remaining		Value
					Price Per				Contractual Life
					Share				(in years)
	Outstanding at February 1, 2014	882,333			$	3.82

	Granted	1,445,246			$	1.51

	Exercised	—			$	—

	Canceled	(281,732	)		$	4.12

	Outstanding at August 2, 2014	2,045,847			$	2.15			4.22		$	—

	Vested and expected to vest in the future at August 2, 2014	1,674,654			$	2.26			4.12		$	—

	Exercisable at August 2, 2014	385,723			$	3.74			2.77		$	—

	Options vested and expected to vest in the future is comprised of all options outstanding at August 2, 2014, net of estimated forfeitures. Additional information regarding stock options outstanding as of August 2, 2014, is as follows:


		Options Outstanding									Options Exercisable
	Range of Exercise Prices	Number			Weighted-		Weighted-				Number			Weighted-
		Outstanding			Average		Average				Exercisable			Average
		as of			Remaining		Exercise				as of			Exercise
		2-Aug-14			Contractual Life		Price Per				2-Aug-14			Price Per
					(in years)		Share							Share
	$ 0.92 - $ 1.52	1,440,246			4.72		$	1.51			—			$	—

	$ 2.26 - $ 3.43	206,001			2.65		$	2.95			115,998			$	3.03

	$ 3.44 - $ 4.97	399,600			3.19		$	4.05			269,725			$	4.05

	$ 0.92 - $ 4.97	2,045,847			4.22		$	2.15			385,723			$	3.74

	The weighted-average grant-date fair value of options granted during the 13 and 26 weeks ended August 2, 2014, and August 3, 2013, was $0.29, $0.27, $1.37 and $1.13, respectively. No options were exercised during the 13 and 26 weeks ended August 2, 2014. The total intrinsic values for options exercised during the 13 and 26 weeks ended August 3, 2013, was $0.2 million and $0.2 million, respectively.
	Cash received from option exercises under the Plans for the 26 weeks ended August 3, 2013, was $0.5 million. The Company did not realize tax benefits for the tax deductions from option exercises as it must first utilize its regular NOL prior to realizing the excess tax benefits.
	Restricted Common Stock, Restricted Stock Units, Performance Share Awards, and Performance Stock Units
	Under the 2005 Plan, the Company grants directors, certain executives and other key employees restricted common stock and restricted stock units with vesting contingent upon completion of specified service periods ranging from one to three years. In fiscal 2013, the Company also granted certain executives performance share awards and performance stock units with vesting contingent upon a combination of specified service periods and the Company’s achievement of a specified corporate performance objective. The performance share awards and performance stock units granted in fiscal 2013 were subsequently forfeited due to the failure to achieve the performance metric. As of August 2, 2014, there were no performance share awards or performance stock units outstanding under the 2005 Plan. Restricted stock units awarded to employees represent the right to receive one share of the Company's Class A common stock upon vesting.
	During the 26 weeks ended August 2, 2014, the Company granted 1,476,513 restricted stock units to certain employees under the Plans with a weighted-average grant-date fair value of $1.50 per share. During the 26 weeks ended August 3, 2013, the Company granted 234,759 shares of restricted common stock to certain employees and directors under the Plans, with a weighted-average grant-date fair value of $3.03 per share.
	The fair value of nonvested restricted common stock awards and restricted stock units is equal to the price of the Company’s Class A common stock on the grant date. The following table summarizes activity with respect to the Company’s restricted common stock and restricted stock units during the 26 weeks ended August 2, 2014:


Restricted Common Stock and Restricted Stock Units	Number of Shares			Weighted-Average Grant-Date Fair Value
Nonvested at February 1, 2014	899,939			$	3.06

Granted	1,476,513			$	1.5

Vested	(207,972	)		$	2.72

Forfeited	(84,376	)		$	2.42

Nonvested at August 2, 2014	2,084,104			$	2.02

At August 2, 2014, there was $2.8 million of total unrecognized compensation expense related to nonvested restricted common stock and restricted stock units under the Plans. That cost is expected to be recognized over a weighted-average period of 2.0 years, representing the remaining vesting periods of such stock awards through fiscal 2017.
The following tables summarize stock-based compensation recorded in the condensed consolidated statements of operations (in thousands):


	13 Weeks Ended								26 Weeks Ended
	August 2, 2014				August 3, 2013				August 2, 2014				August 3, 2013
Stock options	$	62			$	73			$	81			$	122

Restricted stock awards and units	399				328				1,024				622

Performance share awards and units	—				75				—				101

Stock-based compensation	$	461			$	476			$	1,105			$	845



	13 Weeks Ended								26 weeks ended
	August 2, 2014				August 3, 2013				August 2, 2014				August 3, 2013
Cost of sales	$	59			$	72			$	76			$	122

Selling, general, and administrative expenses	402				404				1,029				723

Stock-based compensation	$	461			$	476			$	1,105			$	845


Supplemental Employee Retirement Plan
The Company maintained a defined benefit Supplemental Employee Retirement Plan (the “SERP”) for a former Chairman of the Board of Directors of the Company. The Company funded the SERP in prior years through contributions to a trust fund known as a “Rabbi” trust. Funds were held in a Rabbi trust for the SERP consisting of a life insurance policy reported at cash surrender value. On May 21, 2014, the Company surrendered the life insurance policy for its cash value of $1.4 million, settled its SERP plan liability by transferring the obligation to a transferee in exchange for a cash payment of $1.1 million to the transferee, and recognized a gain of $0.7 million as a result of such transfer, which is included in the selling, general, and administrative expenses line in the condensed consolidated statements of operations.

Senior_Revolving_Credit_Facili

Senior Revolving Credit Facility	6 Months Ended
Senior Revolving Credit Facility	Aug. 02, 2014
Debt Disclosure [Abstract]	'
Senior Revolving Credit Facility	'
	Senior Revolving Credit Facility
	The Company maintains a $35.0 million senior revolving credit facility (the “Facility”), which can be increased up to $50.0 million in the absence of any default and upon the satisfaction of certain conditions precedent specified in the Facility. The Facility expires in February 2016. Under the Facility, the Company is subject to borrowing base limitations on the amount that can be borrowed and certain customary covenants, including, under certain circumstances, covenants limiting the ability to incur additional indebtedness, make investments and acquisitions, grant liens, pay dividends, repurchase its Class A common stock, close stores, and dispose of assets, without the lender’s consent. The ability of the Company to borrow and request the issuance of letters of credit is subject to the requirement that the Company maintain an excess of the borrowing base over the outstanding credit extensions of the greater of 10% of the aggregate amount of the Facility or $4.0 million. The annual interest rate on the revolving line of credit under the Facility is (i) the higher of the lender’s prime rate, the Federal funds rate plus 0.5% or the one month London InterBank Offered Rate (LIBOR) plus 1.0%, collectively referred to as the “Base Rate”, plus the applicable margin ranging from 0.5% to 1.0% or, (ii) if the Company elects, either the one, two, three or six months LIBOR plus a margin ranging from 1.5% to 2.0%. The applicable Base Rate or LIBOR margin is based on the level of average excess availability, as defined under the Facility, at the time of election, as adjusted quarterly. The Company also incurs fees on outstanding letters of credit under the Facility at an annual rate equal to the applicable LIBOR margin for standby letters of credit and 23.0% of the applicable LIBOR margin for commercial letters of credit. Additionally, the Company is subject to commitment fees at an annual rate of 0.25% on the unused portion of the line of credit under the Facility.
	Borrowings under the Facility are secured by cash, cash equivalents, investments, receivables and inventory held by the Company and three of its wholly owned subsidiaries, The Wet Seal Retail, Inc. and Wet Seal Catalog, Inc., each of which may be a borrower under the Facility, and Wet Seal GC, LLC, which is a guarantor of the obligations owing under the Facility.
	At August 2, 2014, the amount outstanding under the Facility consisted of $4.5 million in documentary letters of credit related to merchandise purchases and $1.8 million in standby letters of credit, and the Company had $28.7 million available under the Facility for cash advances and/or the issuance of additional letters of credit, subject to the borrowing limitations noted above.
	On March 20, 2014, the Company amended the terms of the Facility in order to permit the issuance of the senior convertible notes and warrants and for the amortization of the senior convertible notes described in Note 4, "Senior Convertible Notes and Warrants." On September 2, 2014, the Company executed a letter agreement with the agent and sole lender under the Facility pursuant to which the agent and such lender consented to the exchange of senior convertible notes and warrants as described in Note 10, "Subsequent Events."
	At August 2, 2014, the Company was in compliance with all covenant requirements under the Facility.

Senior_Convertible_Notes_and_W

Senior Convertible Notes and Warrants	6 Months Ended
	Aug. 02, 2014
Senior Convertible Notes and Warrants [Abstract]	'
Senior Convertible Notes and Warrants	'
	Senior Convertible Notes and Warrants
	On March 26, 2014, the Company sold $27.0 million of senior convertible notes and issued warrants to purchase up to 8,804,348 shares of the Company's Class A common stock in a private placement to a single institutional investor with proceeds to the Company, net of $1.9 million of deferred financing costs, of $25.1 million. The Company intends to use the proceeds for general corporate purposes. On September 3, 2014, the Company entered into an Amendment, Consent and Exchange Agreement (the “Exchange Agreement”) whereby the Company agreed to issue a new convertible senior note in principal amount equal to $27 million (the “Exchange Note”) in exchange for the initial note and a new warrant to purchase up to 8,804,348 shares of the Company's Class A Common Stock in exchange for the initial warrants (the “Exchange Warrant”). See Note 10, "Subsequent Events."
	The senior convertible notes bear interest at a rate of 6% per year, subject to certain adjustments, and mature in March 2017. The senior convertible notes are convertible, at the holder's option, into shares of the Company's Class A common stock at a price of $1.84 per share, subject to customary adjustments. Interest on the senior convertible notes is payable monthly and the principal amount of the senior convertible notes will amortize monthly with payments beginning September 26, 2014. The installment amount due under the Exchange Note for each month during a six-month time period beginning on September 26, 2014 is $700,000, which is $350,000 higher than the installment amount due under the initial note, and if the Company distributes rights to its stockholders pursuant to a rights offering before March 31, 2015, with proceeds to the Company of not less than $11.5 million, then such amortization payments shall equal $1,050,000 for each such installment date during such 6-month period. On March 26, 2015, the Company’s scheduled amortization payment will be $350,000. For each of the subsequent 12 installment dates, the Company’s scheduled amortization payment will be an amount equal to $1,000,000. For each of the final 12 installment dates, the Company’s scheduled principal amortization payment will be an amount equal to the lesser of $1,075,000 and the remaining principal amount outstanding on such installment date.
	The following table shows amortization payments by fiscal year as of August 2, 2014 under the terms of the initial notes and as of September 3, 2014 under the terms of the Exchange Note (in thousands):


	Fiscal Year	As of August 2, 2014 under the initial note		As of September 3, 2014 under the Exchange Note (1)
	2014	$	1,750	$	3,500

	2015	10,700		11,050

	2016	12,750		12,450

	2017	1,800		—

	(1) If the Company distributes rights to its stockholders pursuant to a rights offering before March 31, 2015, with proceeds to the Company of not less than $11.5 million, the Company will need to make an additional payment at that time of $350,000 times the number of payments made prior to the rights offering and an additional $350,000 for any further payments due through February 26, 2015.
	Monthly interest and principal payments may be settled in cash or shares of the Company's Class A common stock, at its option, subject to certain conditions including: (i) the daily dollar trading volume of the Company's common stock for the average of the daily weighted average prices during the twenty (20) day trading period prior to the payment shall be at least $1.0 million; (ii) the daily dollar trading volume of the Company's common stock for each trading day during the ten (10) trading day period ending on the trading day immediately prior to the applicable date of determination shall be at least $0.5 million; and (iii) on each trading day during the twenty (20) day trading period prior to the payment, the weighted average price of the Company's common stock equals or exceeds $1.00. Also subject to certain conditions, at any time from and after April 26, 2015, solely if the Company is making the scheduled amortization payment for such scheduled amortization date in shares of common stock, the holder may accelerate a limited amount of scheduled amortization payments.
	In connection with the Exchange Agreement, the Company issued the Exchange Warrants to purchase up to 8,804,348 shares of the Company's Class A common stock. The warrants will be exercisable beginning six months and one day after issuance through March 4, 2020 at $1.76 per share, which is $0.36 less than the initial exercise price of the initial warrants, subject to potential future adjustments.
	The senior convertible notes were initially recorded net of a discount of $5.7 million, reflecting the fair value of the warrants and embedded derivatives within the senior convertible notes on the issuance date. Refer to Note 5, "Fair Value Measurements and Disclosures." for further detail on the fair value of the warrants and derivatives. The $5.7 million debt discount will be amortized through interest expense on the condensed consolidated statements of operations, using the effective interest method, over the term of the senior convertible notes. The Company incurred $1.9 million of deferred financing costs through August 2, 2014 and, net of $0.3 million of amortization to date, has included the current portion of $0.6 million in "prepaid expenses and other current assets" and the non-current portion of $1.0 million in "other assets" in the condensed consolidated balance sheets as of August 2, 2014. These costs will be amortized through interest expense on the condensed consolidated statements of operations over the term of the senior convertible notes.
	The $5.7 million fair values of the warrants and embedded derivatives, which require bifurcation from the debt host, were recorded within long-term liabilities on the condensed consolidated balance sheets. The embedded derivatives are comprised of the conversion option, redemption in the case of an event of default and redemption in the case of a change in control features of the senior convertible note. The warrants and embedded derivatives are marked to market quarterly, with any change recorded as an adjustment to the carrying value of these liabilities and the gain or (loss) on warrants and derivatives liabilities recorded in the condensed consolidated statements of operations. The fair value of the warrants and embedded derivatives from the issuance date to the end of the quarter ended August 2, 2014, declined $2.9 million. Accordingly, this amount was recorded as a gain on warrants and derivatives liabilities in the condensed consolidated statements of operations. Refer to Note 5, "Fair Value Measurements and Disclosures."

Fair_Value_Measurements_and_Di

Fair Value Measurements and Disclosures	6 Months Ended
	Aug. 02, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements and Disclosures	'
	Fair Value Measurements and Disclosures
	Fair value is defined as the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. In addition, the fair value of liabilities should include consideration of non-performance risk, including the Company's own credit risk.
	Inputs used in measuring fair value are prioritized into a three-level hierarchy based on whether the inputs to those measurements are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's market assumptions. The fair-value hierarchy requires the use of observable market data when available and consists of the following levels:

	•	Level 1 – Quoted prices for identical instruments in active markets;

	•	Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs are observable in active markets; and

	•	Level 3 – Valuations derived from valuation techniques in which one or more significant inputs are unobservable.
	The following tables present information on the Company’s financial instruments (in thousands):


		Carrying			Fair Value Measurements
		Amount as of			at Reporting Date Using
		2-Aug-14			Level 1		Level 2		Level 3
	Financial assets:
	Money market funds	$	22,033		$	—	$	22,033	$	—

	Cash equivalents	22,033


	Financial liability:
	Senior convertible notes	$	22,170		$	—	$	—	$	22,170



		Carrying			Fair Value Measurements
		Amount as of			at Reporting Date Using
		February 1,
		2014			Level 1		Level 2		Level 3
	Financial assets:
	Money market funds	$	22,427		$	—	$	22,427	$	—

	Cash equivalents	22,427


	Certificates of deposits	3,084			—		3,079		—

	US government securities	4,302			—		4,300		—

	Short-term investments	$	7,386



		Carrying			Fair Value Measurements
		Amount as of			at Reporting Date Using
		3-Aug-13			Level 1		Level 2		Level 3
	Financial assets:
	Money market funds	$	9,233		$	—	$	9,233	$	—

	Cash equivalents	9,233


	Certificates of deposit	7,613			—		7,596		—

	US treasury securities	9,991			—		9,999		—

	US government securities	34,344			—		34,319		—

	Short-term investments	51,948


	Long-term tenant allowances receivable	$	1,005		$	—	$	—	$	1,005

Cash equivalents are carried at either cost or amortized cost, which approximates fair value, due to their short term maturities. The Company's money market funds are valued at $1, which is generally the net asset value of these funds and are represented at Level 2. Units are redeemable on a daily basis and redemption requests generally can be received the same day as the effective date. The Company’s short-term investments consist of interest-bearing bonds of various U.S. Government agencies, U.S. treasury securities and certificates of deposit, have maturities that are less than one year and are carried at amortized cost plus accrued income. Short-term investments are carried at amortized cost due to the Company’s intent to hold to maturity. The fair value of the Company’s short-term investments was determined based on quoted prices for similar instruments in active markets. The carrying value of the senior convertible notes at August 2, 2014 is net of the unamortized discount of $4,830. The fair value of the senior convertible notes was determined using a discounted cash flow analysis with Level 3 inputs of comparable yields from various high yield debt indices made up of companies with similar size, industry, credit rating and debt maturities. The carrying amount of the senior convertible notes translates to a yield of 21.5%, which is within the range of comparable yields for debt securities with similar terms and issuer credit profiles and the Company has therefore assumed that the carrying value approximates fair value. The Company believes the carrying amounts of other receivables and accounts payable approximate fair value. The fair value of the tenant allowances receivable was determined by discounting to present value using an incremental borrowing rate of 9.26%, at the time of recording, over their five year collection period. As of August 2, 2014 and February 1, 2014, they are included in other receivables within the condensed consolidated balance sheets.
On a non-recurring basis, the Company measures certain of its long-lived assets at fair value based on Level 3 inputs consisting of, but not limited to, projected sales growth, estimated gross margins, projected operating costs and an estimated weighted-average cost of capital. As of August 2, 2014, sales projections are based on current trend with annual improvement up to a maximum 3.0% increase in annual sales. Gross margin projections assume annual merchandise margin improvement up to historical peak merchandise margins and occupancy costs are based on lease terms. Projected operating costs are based on the current trend and maintaining consistent percentage of sales ratios for future periods. The weighted-average cost of capital is based on the Company's cost of debt and equity weighted in proportion to the amounts of debt and equity. For the 13 weeks ended August 2, 2014, the Company's weighted-average cost of capital was 19.5%. During the 13 and 26 weeks ended August 2, 2014, and August 3, 2013, the Company recorded $12.7 million, $20.1 million, $0.3 million and $1.9 million of impairment charges, respectively, in the accompanying condensed consolidated statements of operations. Refer to Note 1, “Summary of Significant Accounting Policies.”
Recurring Fair Value Measurements
Warrants Liability
The warrants to purchase the Company's Class A common stock are required to be measured at fair value each reporting period. Refer to Note 4, "Senior Convertible Notes and Warrants." The fair value of the warrants was estimated using the Black-Scholes option-pricing model as of August 2, 2014. The Company uses historical data to estimate the expected price volatility. The risk-free rate is based on the U.S. Treasury yield curve in effect as of August 2, 2014.
As of August 2, 2014, the following assumptions were used to estimate the fair value of the warrants using the Black-Scholes option-pricing model. As of March 26, 2014, the fair value of the warrants was estimated using a Monte Carlo simulation model that requires Level 3 inputs, which are highly subjective. The following significant assumptions were used as of August 2, 2014 and March 26, 2014:


	August 2, 2014			26-Mar-14
Stock price	$	0.9		$	1.16

Exercise price	$	2.12		$	2.12

Exercise price floor	$	1.76		$	1.76

Expected volatility	51.93		%	54		%
Expected term (in years)	5.2			5.5

Risk free interest rate	1.72		%	1.86		%
Expected dividend yield	—		%	—		%

The following table presents the activity recorded for the warrants liability since inception (in thousands):


	August 2, 2014
Beginning balance as of March 26, 2014	$	3,610

Less: Gain from change in fair value	264

Balance as of May 3, 2014	3,346

Less: Gain from change in fair value	1,409

Balance as of August 2, 2014	$	1,937

Derivatives Liability
The embedded derivatives liability is required to be measured at fair value each reporting period. Refer to Note 4, "Senior Convertible Notes and Warrants." The fair value of the embedded derivatives was estimated using a binomial lattice model, incorporating the “with-and-without” method to bifurcate the embedded derivatives, which requires Level 3 inputs that are highly subjective and determined using the following significant assumptions:


	August 2, 2014			26-Mar-14
Stock price	$	0.9		$	1.16

Conversion price	1.84			1.84

Expected volatility	51.93		%	52		%
Expected term (in years)	2.7			3

Risk free interest rate	0.81		%	0.89		%
Expected dividend yield	—		%	—		%
Bond yield	4.1		%	4.2		%
Recovery rate	45		%	45		%

The following table presents the activity recorded for the derivative liability since inception (in thousands):


	August 2, 2014
Beginning balance as of March 26, 2014	$	2,081

Less: Gain from change in fair value	175

Balance as of May 3, 2014	$	1,906

Less: Gain from change in fair value	1,087

Balance as of August 2, 2014	$	819

Changes in the fair value of the warrants and derivatives liabilities are included in gain on warrants and derivatives liabilities in the accompanying condensed consolidated statement of operations. It is possible that even small changes in any of the above assumptions could have a significant impact on the Company's financial results.

Net_Loss_Income_Per_Share

Net (Loss) Income Per Share	6 Months Ended
	Aug. 02, 2014
Earnings Per Share [Abstract]	'
Net (Loss) Income Per Share	'
	Net (Loss) Income Per Share
	Net (loss) income per share, basic, is computed based on the weighted-average number of common shares outstanding for the period, including consideration of the two-class method with respect to certain of the Company’s other equity securities (see below). Net (loss) income per share, diluted, is computed based on the weighted-average number of common and potentially dilutive common equivalent shares outstanding for the period, also with consideration given to the two-class method.
	While the Company historically has paid no cash dividends, participants in the Company’s equity compensation plans who were granted restricted stock and performance shares are allowed to receive cash dividends paid on unvested restricted stock and unvested performance shares. Holders of the Company's notes and warrants are entitled to participation in any dividends, and therefore the notes and warrants are participating securities. The Company’s unvested restricted stock and unvested performance shares also qualify as participating securities and are included in the computation of earnings per share pursuant to the two-class method. Restricted and performance stock units are not participating securities.
	For the dilutive computation, under the two-class method, determination of whether the unvested share-based payment awards are dilutive is based on the application of the “treasury stock” method and whether the performance criteria has been met. For the dilutive computation of the warrants, under the two-class method, determination of the weighted average number of warrants not yet converted will be added to the basic weighted average number of shares whenever the period’s average price is higher than the exercise price of $2.12 per share as of August 2, 2014. As of September 3, 2014, the exercise price of the warrants is $1.76 per share. The "treasury stock" method will be applied to determine the incremental number of convertible shares that are assumed to be converted into common stock. The warrants will only have a dilutive effect when they are “in the money." As of August 2, 2014, the warrants were not exercisable until September 2014 and therefore, they have not been included in the table below. As of September 3, 2014, the warrants are not exercisable until March 2015. The dilutive effect of the senior convertible notes, including the interest, is included in the diluted share calculation based on the "if-converted method." Interest charges applicable to the convertible debt are added back as an adjustment to the numerator, net of tax. The payment of the principal and interest of the notes is presumed to be settled in common stock (versus cash) and the potentially issued shares resulting from this settlement are included in the diluted share calculation.
	For the 13 and 26 weeks ended August 2, 2014, the Company incurred a net loss and there was no dilutive effect of any unvested share-based payment awards, warrants or senior convertible notes.

	The following tables summarize the allocation of undistributed earnings among common stock and other participating securities for the 13 and 26 weeks ended August 3, 2013 using the two-class method and reconciles the weighted average common shares used in the computation of basic and diluted earnings per share (in thousands, except share data):


		13 Weeks Ended									26 Weeks Ended
		3-Aug-13									3-Aug-13
		Net Income				Shares		Per Share			Net Income			Shares	Per Share
								Amount							Amount
	Net income per share, basic:
	Net income	$	958								$	4,068

	Less: Undistributed earnings allocable to participating securities	(12		)							(46		)
	Net income per share, basic	$	946			85,800,626		$	0.01		$	4,022		87,178,655	$	0.05

	Net income per share, diluted:
	Net income	$	958								$	4,068

	Less: Undistributed earnings allocable to participating securities	(12		)							(46		)
	Effect of dilutive securities					174,403								64,757

	Net income per share, diluted	$	946			85,975,029		$	0.01		4,022			87,243,412	$	0.05

	The computations of net (loss) income per share, diluted, excluded the following potentially dilutive securities exercisable into Class A common stock for the 13 and 26 weeks ended August 2, 2014, and August 3, 2013, respectively, because their effect would have been anti-dilutive.


		13 Weeks Ended					26 Weeks Ended
		August 2, 2014			August 3, 2013		August 2, 2014			August 3, 2013
	Stock options outstanding	2,045,847			237,977		2,045,847			487,735

	Unvested restricted and performance stock awards and units	1,826,269			1,366,185		1,529,929			1,171,813

	Interest on convertible debt	3,071,316			—		2,193,797			—

	Senior convertible notes weighted-average shares outstanding	14,673,913			—		10,481,366			—

	Total	21,617,345			1,604,162		16,250,939			1,659,548

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Aug. 02, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Litigation

	On May 9, 2011, a complaint was filed in the Superior Court of the State of California for the County of Alameda on behalf of certain of the Company's current and former employees who were employed and paid by the Company from May 9, 2007 through the present. The Company was named as a defendant. The complaint alleges various violations under the State of California Labor Code and the State of California Business and Professions Code. Plaintiffs are seeking statutory penalties, civil penalties, injunctive relief, and attorneys' fees and costs. On February 3, 2012, the court granted the Company’s motion to transfer venue to the County of Orange. On July 13, 2012, the Court granted the Company's motion to compel arbitration. Plaintiffs appealed and oral argument was heard on September 23, 2013. On November 15, 2013, the Court of Appeals issued an order in which it affirmed in part and reversed in part the trial court’s order granting the Company’s motion to compel arbitration. Specifically, the Court of Appeal affirmed the trial court’s order compelling arbitration of individual claims but held that the Private Attorney General Action (PAGA) claim can only be brought as a representative action. The Company filed a petition for review to the California Supreme Court that was denied on February 11, 2014. The matter was remitted to the Superior Court for additional proceedings and on April 29, 2014, the Superior Court granted the Company’s motion and issued an order to stay the case. On May 20, 2014, Plaintiffs filed a Request for Clarification of the Superior Court’s order staying the case, On June 12, 2014, the Superior Court denied Plaintiffs’ request and reaffirmed that a stay is in effect. On June 26, 2014, Plaintiffs filed a Petition for Writ of Mandate with the Court of Appeals requesting that the stay of non-arbitral claims be lifted. On August 5, 2014, the Court of Appeals issued an order denying Plaintiffs’ Writ. A hearing to review the status of the stay took place in Superior Court on August 26, 2014 during which the Court continued the stay for an additional 90 days in order for the parties to proceed with arbitration of the individual claims. The parties are in the process of initiating arbitration proceedings. In addition, on July 18, 2012, the Company received notice that Plaintiffs filed charges with the National Labor Relations Board (NLRB) under Section 7 of the National Labor Relations Board Act based on the arbitration agreements Plaintiffs signed upon their hiring with the Company. Plaintiffs alleged that the Company’s arbitration agreements unlawfully compel employees to waive their rights to participate in class or representative actions against the Company. On September 20, 2012, the NLRB dismissed Plaintiffs claims.

	On October 27, 2011, a complaint was filed in the Superior Court of the State of California for the County of Los Angeles on behalf of certain of the Company’s current and former employees who were employed in California during the time period from October 27, 2007 through the present. The Company was named as a defendant. Plaintiffs are seeking unpaid wages, civil and statutory penalties, restitution, injunctive relief, interest, and attorneys' fees and costs. The complaint alleges various violations under the State of California Labor Code and the State of California Business and Professions Code. On March 28, 2012, the court entered an Order denying the Company’s motion to compel arbitration. On September 21, 2012, the Company filed a notice of appeal that is still pending.

	As of August 2, 2014, the Company has accrued less than $0.1 million for loss contingencies in connection with the litigation matters enumerated above and other pending legal matters. The Company is vigorously defending the pending matters and will continue to evaluate its potential exposure and estimated costs as these matters progress. Future developments may require the Company to record accrual for these matters, or other legal matters, which could have a material negative effect on its results of operations or financial condition.

	From time to time, the Company is involved in other litigation matters relating to claims arising out of its operations in the normal course of business. The Company believes that, in the event of a settlement or an adverse judgment on certain of these claims, insurance may cover a portion of such losses. However, certain matters could arise for which the Company does not have insurance coverage or for which insurance provides only partial coverage. These matters could have a material negative effect on its results of operations or financial condition.

Segment_Reporting

Segment Reporting	6 Months Ended
	Aug. 02, 2014
Segment Reporting [Abstract]	'
Segment Reporting	'
	Segment Reporting
	The Company operates exclusively in the retail apparel industry in which it sells apparel and accessory items, primarily through mall-based chains of retail stores, to female consumers with a young, active lifestyle. The Company has identified two operating segments (“Wet Seal” and “Arden B”). E-commerce operations for Wet Seal and Arden B are included in their respective operating segments. Refer to Note 1, “Summary of Significant Accounting Policies.”
	Information for the 13 and 26 weeks ended August 2, 2014, and August 3, 2013, for the two reportable segments is set forth below (in thousands, except percentages):


	13 Weeks Ended August 2, 2014		Wet Seal				Arden B				Corporate				Total
											and
											Unallocated
	Net sales		$	108,722			$	12,454			$	—			$	121,176

	Percentage of consolidated net sales		90		%		10		%		—		%		100		%
	Operating loss		$	(15,562	)		$	(947	)		$	(6,768	)		$	(23,277	)
	Depreciation and amortization expense		$	1,980			$	53			$	527			$	2,560

	Interest income		$	—			$	—			$	64			$	64

	Interest expense		$	—			$	—			$	(1,263	)		$	(1,263	)

	Gain on warrants and derivatives liabilities		$	—			$	—			$	2,496			$	2,496

	Loss before provision for income taxes		$	(15,562	)		$	(947	)		$	(5,471	)		$	(21,980	)



	13 Weeks Ended August 3, 2013		Wet Seal				Arden B				Corporate				Total
											and
											Unallocated
	Net sales		$	120,567			$	16,682			$	—			$	137,249

	Percentage of consolidated net sales		88		%		12		%		—				100		%

	Operating income (loss)		$	8,950			$	491			$	(8,463	)		$	978

	Depreciation and amortization expense		$	2,732			$	322			$	383			$	3,437

	Interest income		$	—			$	—			$	53			$	53

	Interest expense		$	—			$	—			$	(54	)		$	(54	)

	Income (loss) before provision for income taxes		$	8,950			$	491			$	(8,464	)		$	977




	26 Weeks Ended August 2, 2014		Wet Seal				Arden B				Corporate				Total
											and
											Unallocated
	Net sales		$	212,031			$	25,873			$	—			$	237,904

	Percentage of consolidated net sales		89		%		11		%		—		%		100		%
	Operating loss		$	(23,947	)		$	(5,579	)		$	(15,435	)		$	(44,961	)
	Depreciation and amortization expense		$	4,229			$	217			$	1,053			$	5,499

	Interest income		$	—			$	—			$	95			$	95

	Interest expense		$	—			$	—			$	(1,716	)		$	(1,716	)

	Gain on warrants and derivatives liabilities		$	—			$	—			$	2,935			$	2,935

	Loss before provision for income taxes		$	(23,947	)		$	(5,579	)		$	(14,121	)		$	(43,647	)



26 Weeks Ended August 3, 2013		Wet Seal				Arden B				Corporate				Total
										and
										Unallocated
Net sales		$	243,367			$	34,327			$	—			$	277,694

Percentage of consolidated net sales		88		%		12		%		—				100		%

Operating income (loss)		$	18,502			$	1,048			$	(15,374	)		$	4,176

Depreciation and amortization expense		$	5,317			$	581			$	877			$	6,775

Interest income		$	—			$	—			$	101			$	101

Interest expense		$	—			$	—			$	(108	)		$	(108	)

Income (loss) before provision for income taxes		$	18,502			$	1,048			$	(15,381	)		$	4,169



The “Corporate and Unallocated” column is presented to allow for reconciliation of segment contribution to consolidated operating (loss) income, interest income, interest expense, gain on warrants and derivatives liabilities and (loss) income before provision for income taxes. Wet Seal and Arden B segment results include net sales, cost of sales, asset impairment and other direct store and field management expenses, with no allocation of corporate overhead or interest income and expense. The application of accounting policies for segment reporting is consistent with the application of accounting policies for corporate reporting.
Wet Seal operating (loss) income during the 13 and 26 weeks ended August 2, 2014, and August 3, 2013, includes $12.6 million, $16.8 million, $0.3 million and $1.4 million, respectively, of asset impairment charges.
Arden B operating (loss) income during the 13 and 26 weeks ended August 2, 2014, and August 3, 2013, includes $0.1 million, $2.9 million, none and $0.5 million, respectively, of asset impairment charges. Arden B operating loss during the 13 and 26 weeks ended August 2, 2014, include $0.4 million and $1.0 million, respectively, of costs to wind down the Arden B business and a $0.2 million gain on the termination of the Arden B loyalty program.
Corporate expenses during the 13 and 26 weeks ended August 2, 2014, include a $0.7 million gain on the retirement of the SERP liability. Corporate expenses during the 26 weeks ended August 2, 2014, include a $0.5 million benefit for miscellaneous non-recurring other income and $0.4 million in asset impairment charges. Corporate expenses during the 26 Weeks Ended August 3, 2013, include a $3.5 million benefit to adjust a loss contingency related to legal matters.

Treasury_Stock

Treasury Stock	6 Months Ended
Treasury Stock	Aug. 02, 2014
Equity [Abstract]	'
Treasury Stock	'
	Treasury Stock
	During the 26 weeks ended August 2, 2014, the Company tendered 43,183 shares of its Class A common stock upon restricted stock vesting to satisfy employee withholding tax obligations for a total cost of $0.1 million, as well as 273,284 shares reacquired by the Company, at no cost, upon employee forfeitures of stock-based compensation.

Subsequent_Event

Subsequent Event	6 Months Ended
	Aug. 02, 2014
Subsequent Events [Abstract]	'
Subsequent Event	'
	Subsequent Events

	On September 3, 2014, the Company announced that it has entered into a securities purchase agreement to sell shares of its Class A common stock to a limited number of accredited investors in a private placement. Subject to the satisfaction of closing conditions, the Company expects to receive at the closing gross proceeds from the placement of approximately $18.5 million and net proceeds of approximately $17.2 million to $17.7 million.

	Investors in the private placement have agreed to purchase shares of Class A common stock at a per share price equal to the lesser of $1.01, 87.5% of the volume weighted-average price for the 20 consecutive trading day period prior to when the price is set, or if the Company commences a rights offering to its shareholders at a subscription price which is lower than the foregoing, at such a lesser price. Each investor will also receive a discount to the per share purchase price of four percent, but in no event greater than $0.04 per share. The Company has the right to terminate the anticipated closing of the sale if the volume weighted-average price for its common stock for a 15 consecutive trading day period is below $0.80, subject to investors receiving a cash payment equal to the discount to the per share purchase price of four percent, but in no event greater than $0.04 per share. The closing of the private placement is subject to customary closing conditions, including, but not limited to, the concurrent closing of the intended rights offering, the effectiveness of a registration statement providing for the resale of the shares of common stock which the Company issues in the private placement and the Company having received approval from its shareholders pursuant to the NASDAQ listing requirements with respect to the issuance of all the common stock to be issued in the private placement. The Company intends to actively pursue the steps necessary to fulfill such closing conditions, although some of the conditions are outside of the Company's control.

	Also on September 3, 2014, the Company announced that, subject to applicable regulatory approvals, it intends to conduct a rights offering which will allow the Company to raise equity capital through the sale of shares of its Class A common stock to its stockholders. The Company currently anticipates that the size of the rights offering will be between $25.0 and $30.0 million. Additional terms of the rights will be determined by the Company at a later date. The agreement for the private placement provides that it will close concurrently with the closing of the rights offering. Subject to conditions, the Company currently expects that these transactions will close sometime in the fourth fiscal quarter of the current fiscal year, although the Company could experience delays or difficulties. If the Company's contemplated rights offering is not consummated within 180 days of the date of the securities purchase agreement and the securities purchase agreement for the private placement has not been previously terminated pursuant to its terms, the purchasers have the right to elect to proceed with the private placement.

	The distribution of the rights and the commencement of the rights offering may occur only after a registration statement to be filed by the Company with the Securities and Exchange Commission ("SEC") becomes effective. Nothing in this Form 10-Q shall constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of the securities under the securities laws of such state or jurisdiction.

	On September 3, 2014, the Company entered into the Exchange Agreement with the investor in its senior convertible notes (see Note 4, "Senior Convertible Notes and Warrants"), pursuant to which the investor agreed to, among other things, the transactions contemplated by the private placement and rights offering described above, and the Company agreed to issue the Exchange Note in exchange for the initial note and the Exchange Warrant to purchase up to 8,804,348 shares of Common Stock in exchange for the initial warrants. The Exchange Note is convertible into shares of Common Stock and is entitled to earn interest, which may be paid in cash or in shares of Common Stock. The Exchange Warrant is exercisable into shares of Common Stock.

	The Exchange Note and the Exchange Warrant are identical in all material respects to the initial notes and the initial warrants, respectively, except:

	•	The Exchange Note clarifies what certifications must be made by the Company upon payment of interest in shares of common stock;

	•	The Investor’s “maximum percentage” in each of the Exchange Note and the Exchange Warrant was increased from 4.99% to 9.99%;

	•	Changes to the installment amount due under the Exchange Note as described in Note 4, "Senior Convertible Notes and Warrants;"

	•	The initial exercise price of the Exchange Warrant is $1.76 per share, which is $0.36 less than the initial exercise price of the initial warrant, and adjusts on stock splits, combinations or similar events but not on certain dilutive issuances provided for in the initial notes. The Exchange Warrant becomes exercisable six months and one day after its issuance;

	•	The Exchange Note and the Exchange Warrant limit the Investors’ right to participate in a rights offering by the Company during a certain limited time period.

	On September 2, 2014, the Company executed a consent agreement with the agent under its senior revolving credit facility (see Note 3, "Senior Revolving Credit Facility") whereby the agent and lenders under the senior revolving credit facility (a) consented to (i) the replacement of the Company's senior convertible notes and warrants (see Note 4, "Senior Convertible Notes and Warrants") with the Exchange Note and Exchange Warrant as described above and (ii) the consummation of the rights offering and the related equity issuances and the other transactions contemplated by the private placement as described above, (b) agree that any reference in the credit agreement and the other loan documents to the "Senior Convertible Notes and Warrants" shall be deemed to refer to the Exchange Note and Exchange Warrant and acknowledge and agree that the indebtedness evidenced by the Exchange Note and Exchange Warrant constitutes "Permitted Indebtedness", and (c) agree that the related equity issuance and the issuances of equity interests in connection with the rights offering shall not be deemed to be a "Prepayment Event" under the credit agreement; provided that, in the event that a cash dominion event shall have occurred and be continuing at the time of receipt by the Company of any proceeds from the related equity issuance and the issuances of equity interests in connection with the rights offering, the Company shall cause such proceeds to be deposited in the concentration account as required under the credit agreement evidencing the senior revolving credit facility.

	On August 27, 2014, Company’s Board of Directors voted to approve John D. Goodman’s Severance Agreement and Release with the Company (the “Severance Agreement”). Pursuant to such agreement, Mr. Goodman’s employment with the Company ended on August 26, 2014, at which time he resigned as the Company’s Chief Executive Officer (and principal executive officer) and from all other positions with the Company, including his position as a director on the Board of Directors. Subject to the terms of the Severance Agreement, Mr. Goodman will receive (i) a cash payment in the aggregate amount of $819,200 (less required legal deductions), payable within ten (10) business days of the date of the Severance Agreement, and (ii) the immediate vesting of 100,000 shares of restricted stock previously issued to Mr. Goodman that were unvested immediately prior to the execution of the Severance Agreement. In consideration for these payments and benefits, Mr. Goodman agreed to a general release of potential claims, acknowledged the forfeiture of 377,953 shares of restricted stock units and 161,699 shares of restricted stock and affirmed certain confidentiality obligations. Pursuant to the Severance Agreement, Mr. Goodman also agreed to reasonably cooperate with the Company on transition matters.

	In addition, on August 27, 2014, the Company’s Board of Directors voted to appoint Mr. Edmond S. Thomas to serve as the Company's Chief Executive Officer and to serve as a member of the Board of Directors. Mr. Thomas’s appointments were effective on September 8, 2014, which was the date that his full-time employment with the Company commenced.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Aug. 02, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The information set forth in these condensed consolidated financial statements as of and for the 13 and 26 weeks ended August 2, 2014, and August 3, 2013 (collectively, the “Interim Financial Statements”), is unaudited. These statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information. Certain information and footnote disclosures normally included in The Wet Seal, Inc. (the “Company”) annual consolidated financial statements have been condensed or omitted, as permitted under applicable rules and regulations. For further information, refer to the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2014. All references in this Quarterly Report on Form 10-Q to “fiscal 2013” and “fiscal 2014” mean the fiscal years ended February 1, 2014 and ending January 31, 2015, respectively.
	In the opinion of management, the Interim Financial Statements reflect all adjustments that are of a normal and recurring nature necessary to fairly present the Company’s financial position and results of operations and cash flows in all material respects as of the dates and for the periods presented. The results of operations presented in the Interim Financial Statements are not necessarily indicative of the results that may be expected for the fiscal year ending January 31, 2015.
Long-Lived Assets	'
	Long-Lived Assets
	The Company evaluates the carrying value of long-lived assets for impairment quarterly or whenever events or changes in circumstances indicate that the carrying value of such assets may not be recoverable. Factors that are considered important that could result in the necessity to perform an impairment review include a current-period operating or cash flow loss combined with a history of operating or cash flow losses and a projection or forecast that indicates continuing losses or insufficient income associated with the realization of a long-lived asset or asset group. Other factors include a significant change in the manner of the use of the asset or a significant negative industry or economic trend. This evaluation is performed based on estimated undiscounted future cash flows from operating activities compared with the carrying value of the related assets. If the estimated undiscounted future cash flows are less than the carrying value, an impairment loss is recognized, measured by the difference between the carrying value and the estimated fair value of the assets, based on discounted estimated future cash flows using the Company’s weighted average cost of capital. With regard to store assets, which are comprised of leasehold improvements, fixtures and computer hardware and software, the Company considers the assets at each individual store to represent an asset group. In addition, the Company has considered the relevant valuation techniques that could be applied without undue cost and effort and has determined that the discounted estimated future cash flow approach provides the most relevant and reliable means by which to determine fair value in this circumstance.
	The Company conducts its quarterly impairment evaluation at the individual store level using the guidance under applicable accounting standards. The quarterly analysis includes the Company's estimates of future cash flows using only the cash inflows and outflows that are directly related to each store over the remaining lease term. Key assumptions made by the Company and included within the cash flow estimates are future sales and gross margin projections. The Company determines the future sales and gross margin projections by considering each store's recent and historical performance, the Company's overall performance trends and projections and the potential impact of strategic initiatives on future performance.
Income Taxes	'
	Income Taxes
	The Company accounts for income taxes in accordance with applicable accounting standards which require that the Company recognize deferred tax assets, which include net operating loss carryforwards (NOLs) and tax credits, and liabilities based on the differences between the financial statement carrying amounts and the tax bases of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax expense or benefit results from the change in net deferred tax assets or deferred tax liabilities. Such guidance requires that deferred tax assets be reduced by a valuation allowance if it is more likely than not that some portion or all of the net deferred tax assets will not be realized. Due to the Company's three-year cumulative operating losses, the Company established a valuation allowance against all of its deferred tax assets in fiscal 2012. In addition, the Company discontinued recording income tax benefits in the condensed consolidated statements of operations. The Company will not record income tax benefits until it is determined that it is more likely than not that the Company will generate sufficient taxable income to realize the deferred income tax assets. The Company remains in a cumulative three-year operating loss position and realization of its deferred income tax assets is not deemed to be more likely than not. Prospectively, as the Company continues to evaluate available evidence, it is possible that the Company may deem some or all of its deferred income tax assets to be realizable.
Other Comprehensive Income	'
	Other Comprehensive Income
	Other comprehensive income refers to gains and losses that are recorded as an element of stockholders' equity but are excluded from net loss. Employers are required to recognize the over or under funded status of defined benefit plans and other postretirement plans in the statement of financial position and to recognize changes in the funded status in the year in which the changes occur through comprehensive (loss) income.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board ("FASB") issued amended guidance on the presentation of financial statements and reporting discontinued operations and disclosures of disposals of components of an entity within property, plant and equipment. This guidance amends the definition of a discontinued operation and requires entities to disclose additional information about disposal transactions that do not meet the discontinued-operations criteria. The effective date is for disposals that occur in annual periods (and interim periods therein) beginning on or after December 15, 2014. Early adoption is permitted. As discussed under "Basis of Presentation" above, the Company evaluated its wind down of the Arden B brand under the existing discontinued operations guidance and did not elect early adoption of this amended guidance.
	In May 2014, the FASB issued a new accounting standard which amends the existing accounting standards for revenue recognition. This new standard is based on principles that govern the recognition of revenue at an amount to which an entity expects to be entitled when products are transferred to customers. The Company is required to adopt this new standard for annual and interim periods beginning after December 15, 2016. Early adoption is not permitted. The new revenue accounting standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. Based on the Company’s evaluation of this standard, adoption is not expected to have a material impact on the Company’s consolidated financial statements.
	In June 2014, the FASB issued a new stock compensation accounting standard, which requires an entity to treat a performance target that affects vesting and that could be achieved after the requisite service period as a performance condition. Under this new standard, the performance target should not be reflected in estimating the grant-date fair value of the award, and compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved, and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered; if the performance target becomes probable of being achieved before the end of the requisite service period, then the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest, and should be adjusted to reflect those awards that ultimately vest. The Company is required to adopt this new standard for annual and interim periods beginning after December 15, 2015. The Company does not expect the adoption of this new standard to have a material impact on its consolidated financial statements.
	In August 2014, the FASB issued a new accounting standard which requires management to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern for each annual and interim reporting period. If substantial doubt exists, additional disclosure is required. This new standard will be effective for the Company for annual and interim periods beginning after December 15, 2016. Early adoption is permitted. The Company expects to adopt this new standard for the fiscal year ending February 3, 2018 and the Company will continue to assess the impact on its consolidated financial statements.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Aug. 02, 2014
Accounting Policies [Abstract]	'
Computation of fair value of long-lived assets and non-cash charges within asset impairment related to retail stores	'
	The Company's evaluations during the 13 and 26 weeks ended August 2, 2014, and August 3, 2013 included impairment testing of 70, 101, 38 and 47 stores and resulted in 63, 93, 2 and 8 stores being impaired, respectively, as their projected future cash flows were not sufficient to recover the net carrying value of their assets. Due to the Company's plan to wind down the Arden B brand, during the quarter ended May 3, 2014, it tested all Arden B stores with carrying value and the corporate assets associated with the Arden B website, which was also impaired as of May 3, 2014. The Company recorded the following non-cash charges within asset impairment in the condensed consolidated statements of operations to write down the carrying values of impaired stores' long-lived assets to their estimated fair values (in thousands except for number of stores):


		13 Weeks Ended				26 Weeks Ended
		August 2, 2014		August 3, 2013		August 2, 2014		August 3, 2013
	Aggregate carrying value of all long-lived assets impaired	$	13,108	$	262	$	20,549	$	2,135

	Less: Impairment charges - stores	12,740		262		19,674		1,858

	Impairment charges - corporate	—		—		384		—

	Aggregate fair value of all long-lived assets impaired	$	368	$	—	$	491	$	277

	Number of stores with asset impairment	63		2		93		8

StockBased_Compensation_and_Su

Stock-Based Compensation and Supplemental Employee Retirement Plan (Tables)	6 Months Ended
	Aug. 02, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Weighted-average assumptions used to estimate the fair value of options granted	'
	The following weighted-average assumptions were used to estimate the fair value of options granted during the periods indicated using the Black-Scholes option-pricing model:


		13 Weeks Ended					26 Weeks Ended
		August 2, 2014		August 3, 2013			August 2, 2014			August 3, 2013
	Dividend Yield	—	%	—	%		—	%		—	%
	Expected Volatility	41.66	%	40.73	%		41.66	%		40.92	%
	Risk-Free Interest Rate	1	%	0.7	%		1.02	%		0.56	%
	Expected Life of Options (in Years)	3.3		3.3			3.3			3.3

Stock option activity	'
	The following table summarizes the Company’s stock option activities with respect to its Plans for the 26 weeks ended August 2, 2014 (aggregate intrinsic value in thousands):


	Options	Number of		Weighted-				Weighted-		Aggregate
		Shares		Average				Average		Intrinsic
				Exercise				Remaining		Value
				Price Per				Contractual Life
				Share				(in years)
	Outstanding at February 1, 2014	882,333		$	3.82

	Granted	1,445,246		$	1.51

	Exercised	—		$	—

	Canceled	(281,732	)	$	4.12

	Outstanding at August 2, 2014	2,045,847		$	2.15			4.22		$	—

	Vested and expected to vest in the future at August 2, 2014	1,674,654		$	2.26			4.12		$	—

	Exercisable at August 2, 2014	385,723		$	3.74			2.77		$	—

Stock options outstanding	'
	Options vested and expected to vest in the future is comprised of all options outstanding at August 2, 2014, net of estimated forfeitures. Additional information regarding stock options outstanding as of August 2, 2014, is as follows:


		Options Outstanding								Options Exercisable
	Range of Exercise Prices	Number		Weighted-		Weighted-				Number		Weighted-
		Outstanding		Average		Average				Exercisable		Average
		as of		Remaining		Exercise				as of		Exercise
		2-Aug-14		Contractual Life		Price Per				2-Aug-14		Price Per
				(in years)		Share						Share
	$ 0.92 - $ 1.52	1,440,246		4.72		$	1.51			—		$	—

	$ 2.26 - $ 3.43	206,001		2.65		$	2.95			115,998		$	3.03

	$ 3.44 - $ 4.97	399,600		3.19		$	4.05			269,725		$	4.05

	$ 0.92 - $ 4.97	2,045,847		4.22		$	2.15			385,723		$	3.74

Restricted common stock and restricted stock units activity	'
	The following table summarizes activity with respect to the Company’s restricted common stock and restricted stock units during the 26 weeks ended August 2, 2014:


	Restricted Common Stock and Restricted Stock Units	Number of Shares		Weighted-Average Grant-Date Fair Value
	Nonvested at February 1, 2014	899,939		$	3.06

	Granted	1,476,513		$	1.5

	Vested	(207,972	)	$	2.72

	Forfeited	(84,376	)	$	2.42

	Nonvested at August 2, 2014	2,084,104		$	2.02

Summary of stock-based compensation	'
	The following tables summarize stock-based compensation recorded in the condensed consolidated statements of operations (in thousands):


		13 Weeks Ended							26 Weeks Ended
		August 2, 2014			August 3, 2013				August 2, 2014			August 3, 2013
	Stock options	$	62		$	73			$	81		$	122

	Restricted stock awards and units	399			328				1,024			622

	Performance share awards and units	—			75				—			101

	Stock-based compensation	$	461		$	476			$	1,105		$	845



		13 Weeks Ended							26 weeks ended
		August 2, 2014			August 3, 2013				August 2, 2014			August 3, 2013
	Cost of sales	$	59		$	72			$	76		$	122

	Selling, general, and administrative expenses	402			404				1,029			723

	Stock-based compensation	$	461		$	476			$	1,105		$	845

Senior_Convertible_Notes_and_W1

Senior Convertible Notes and Warrants (Tables)	6 Months Ended
	Aug. 02, 2014
Senior Convertible Notes and Warrants [Abstract]	'
Amortization payments by fiscal year	'
	The following table shows amortization payments by fiscal year as of August 2, 2014 under the terms of the initial notes and as of September 3, 2014 under the terms of the Exchange Note (in thousands):


	Fiscal Year	As of August 2, 2014 under the initial note		As of September 3, 2014 under the Exchange Note (1)
	2014	$	1,750	$	3,500

	2015	10,700		11,050

	2016	12,750		12,450

	2017	1,800		—

Fair_Value_Measurements_and_Di1

Fair Value Measurements and Disclosures (Tables)	6 Months Ended
	Aug. 02, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'
Summary of company's financial instruments	'
	The following tables present information on the Company’s financial instruments (in thousands):


		Carrying			Fair Value Measurements
		Amount as of			at Reporting Date Using
		2-Aug-14			Level 1			Level 2		Level 3
	Financial assets:
	Money market funds	$	22,033		$	—		$	22,033	$	—

	Cash equivalents	22,033


	Financial liability:
	Senior convertible notes	$	22,170		$	—		$	—	$	22,170



		Carrying			Fair Value Measurements
		Amount as of			at Reporting Date Using
		February 1,
		2014			Level 1			Level 2		Level 3
	Financial assets:
	Money market funds	$	22,427		$	—		$	22,427	$	—

	Cash equivalents	22,427


	Certificates of deposits	3,084			—			3,079		—

	US government securities	4,302			—			4,300		—

	Short-term investments	$	7,386



		Carrying			Fair Value Measurements
		Amount as of			at Reporting Date Using
		3-Aug-13			Level 1			Level 2		Level 3
	Financial assets:
	Money market funds	$	9,233		$	—		$	9,233	$	—

	Cash equivalents	9,233


	Certificates of deposit	7,613			—			7,596		—

	US treasury securities	9,991			—			9,999		—

	US government securities	34,344			—			34,319		—

	Short-term investments	51,948


	Long-term tenant allowances receivable	$	1,005		$	—		$	—	$	1,005

Warrant Liability [Member]	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'
Schedule of significant assumptions	'
	The following significant assumptions were used as of August 2, 2014 and March 26, 2014:


		August 2, 2014			26-Mar-14
	Stock price	$	0.9		$	1.16

	Exercise price	$	2.12		$	2.12

	Exercise price floor	$	1.76		$	1.76

	Expected volatility	51.93		%	54		%
	Expected term (in years)	5.2			5.5

	Risk free interest rate	1.72		%	1.86		%
	Expected dividend yield	—		%	—		%
Reconciliation of level 3 liabilities	'
	The following table presents the activity recorded for the warrants liability since inception (in thousands):


		August 2, 2014
	Beginning balance as of March 26, 2014	$	3,610

	Less: Gain from change in fair value	264

	Balance as of May 3, 2014	3,346

	Less: Gain from change in fair value	1,409

	Balance as of August 2, 2014	$	1,937

Derivative Liability [Member]	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'
Schedule of significant assumptions	'
	The fair value of the embedded derivatives was estimated using a binomial lattice model, incorporating the “with-and-without” method to bifurcate the embedded derivatives, which requires Level 3 inputs that are highly subjective and determined using the following significant assumptions:


		August 2, 2014			26-Mar-14
	Stock price	$	0.9		$	1.16

	Conversion price	1.84			1.84

	Expected volatility	51.93		%	52		%
	Expected term (in years)	2.7			3

	Risk free interest rate	0.81		%	0.89		%
	Expected dividend yield	—		%	—		%
	Bond yield	4.1		%	4.2		%
	Recovery rate	45		%	45		%
Reconciliation of level 3 liabilities	'
	The following table presents the activity recorded for the derivative liability since inception (in thousands):


		August 2, 2014
	Beginning balance as of March 26, 2014	$	2,081

	Less: Gain from change in fair value	175

	Balance as of May 3, 2014	$	1,906

	Less: Gain from change in fair value	1,087

	Balance as of August 2, 2014	$	819

Net_Loss_Income_Per_Share_Tabl

Net (Loss) Income Per Share (Tables)	6 Months Ended
	Aug. 02, 2014
Earnings Per Share [Abstract]	'
Computation of basic and diluted earnings per share	'
	The following tables summarize the allocation of undistributed earnings among common stock and other participating securities for the 13 and 26 weeks ended August 3, 2013 using the two-class method and reconciles the weighted average common shares used in the computation of basic and diluted earnings per share (in thousands, except share data):


		13 Weeks Ended									26 Weeks Ended
		3-Aug-13									3-Aug-13
		Net Income				Shares		Per Share			Net Income			Shares	Per Share
								Amount							Amount
	Net income per share, basic:
	Net income	$	958								$	4,068

	Less: Undistributed earnings allocable to participating securities	(12		)							(46		)
	Net income per share, basic	$	946			85,800,626		$	0.01		$	4,022		87,178,655	$	0.05

	Net income per share, diluted:
	Net income	$	958								$	4,068

	Less: Undistributed earnings allocable to participating securities	(12		)							(46		)
	Effect of dilutive securities					174,403								64,757

	Net income per share, diluted	$	946			85,975,029		$	0.01		4,022			87,243,412	$	0.05

Antidilutive securities excluded from computation of net (loss) income per share, diluted	'
	The computations of net (loss) income per share, diluted, excluded the following potentially dilutive securities exercisable into Class A common stock for the 13 and 26 weeks ended August 2, 2014, and August 3, 2013, respectively, because their effect would have been anti-dilutive.


		13 Weeks Ended					26 Weeks Ended
		August 2, 2014			August 3, 2013		August 2, 2014			August 3, 2013
	Stock options outstanding	2,045,847			237,977		2,045,847			487,735

	Unvested restricted and performance stock awards and units	1,826,269			1,366,185		1,529,929			1,171,813

	Interest on convertible debt	3,071,316			—		2,193,797			—

	Senior convertible notes weighted-average shares outstanding	14,673,913			—		10,481,366			—

	Total	21,617,345			1,604,162		16,250,939			1,659,548

Segment_Reporting_Tables

Segment Reporting (Tables)	6 Months Ended
	Aug. 02, 2014
Segment Reporting [Abstract]	'
Operating Segments	'
	Information for the 13 and 26 weeks ended August 2, 2014, and August 3, 2013, for the two reportable segments is set forth below (in thousands, except percentages):


	13 Weeks Ended August 2, 2014		Wet Seal				Arden B				Corporate				Total
											and
											Unallocated
	Net sales		$	108,722			$	12,454			$	—			$	121,176

	Percentage of consolidated net sales		90		%		10		%		—		%		100		%
	Operating loss		$	(15,562	)		$	(947	)		$	(6,768	)		$	(23,277	)
	Depreciation and amortization expense		$	1,980			$	53			$	527			$	2,560

	Interest income		$	—			$	—			$	64			$	64

	Interest expense		$	—			$	—			$	(1,263	)		$	(1,263	)

	Gain on warrants and derivatives liabilities		$	—			$	—			$	2,496			$	2,496

	Loss before provision for income taxes		$	(15,562	)		$	(947	)		$	(5,471	)		$	(21,980	)



	13 Weeks Ended August 3, 2013		Wet Seal				Arden B				Corporate				Total
											and
											Unallocated
	Net sales		$	120,567			$	16,682			$	—			$	137,249

	Percentage of consolidated net sales		88		%		12		%		—				100		%

	Operating income (loss)		$	8,950			$	491			$	(8,463	)		$	978

	Depreciation and amortization expense		$	2,732			$	322			$	383			$	3,437

	Interest income		$	—			$	—			$	53			$	53

	Interest expense		$	—			$	—			$	(54	)		$	(54	)

	Income (loss) before provision for income taxes		$	8,950			$	491			$	(8,464	)		$	977




	26 Weeks Ended August 2, 2014		Wet Seal				Arden B				Corporate				Total
											and
											Unallocated
	Net sales		$	212,031			$	25,873			$	—			$	237,904

	Percentage of consolidated net sales		89		%		11		%		—		%		100		%
	Operating loss		$	(23,947	)		$	(5,579	)		$	(15,435	)		$	(44,961	)
	Depreciation and amortization expense		$	4,229			$	217			$	1,053			$	5,499

	Interest income		$	—			$	—			$	95			$	95

	Interest expense		$	—			$	—			$	(1,716	)		$	(1,716	)

	Gain on warrants and derivatives liabilities		$	—			$	—			$	2,935			$	2,935

	Loss before provision for income taxes		$	(23,947	)		$	(5,579	)		$	(14,121	)		$	(43,647	)



	26 Weeks Ended August 3, 2013		Wet Seal				Arden B				Corporate				Total
											and
Unallocated
Net sales				$	243,367			$	34,327			$	—			$	277,694

Percentage of consolidated net sales		88		%		12		%		—				100		%

Operating income (loss)		$	18,502			$	1,048			$	(15,374	)		$	4,176

Depreciation and amortization expense		$	5,317			$	581			$	877			$	6,775

Interest income		$	—			$	—			$	101			$	101

Interest expense		$	—			$	—			$	(108	)		$	(108	)

Income (loss) before provision for income taxes		$	18,502			$	1,048			$	(15,381	)		$	4,169

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (Arden B Stores [Member])	Aug. 02, 2014	Aug. 03, 2014	Aug. 03, 2014	Aug. 03, 2014
	store	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
		Store	Wet Seal Plus Merchandise [Member]	Wet Seal Merchandise [Member]
			store	store
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'
Number of operating stores	51	'	'	'
Number of stores transitioned	'	'	30	18
Number of stores operating under Arden B name, but transition to carry Wet Seal product	'	1	'	'
Number of remaining stores expected to close by August 2014	'	2	'	'

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details 1) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013
	store	store	store	store
Impaired Long-Lived Assets Held and Used [Line Items]	'	'	'	'
Number of stores tested for asset impairment	70	38	101	47
Number of stores with asset impairment	63	2	93	8
Aggregate carrying value of all long-lived assets impaired	$13,108	$262	$20,549	$2,135
Less: Impairment charges	12,740	262	20,058	1,858
Aggregate fair value of all long-lived assets impaired	368	0	491	277
Number of stores tested but not impaired	7	'	'	'
Number of stores tested but not impaired with risk of future impairment	4	'	'	'
Operating Segments [Member]	'	'	'	'
Impaired Long-Lived Assets Held and Used [Line Items]	'	'	'	'
Less: Impairment charges	12,740	262	19,674	1,858
Corporate [Member]	'	'	'	'
Impaired Long-Lived Assets Held and Used [Line Items]	'	'	'	'
Less: Impairment charges	0	0	384	0
Arden B [Member] \| Operating Segments [Member]	'	'	'	'
Impaired Long-Lived Assets Held and Used [Line Items]	'	'	'	'
Less: Impairment charges	$100	$0	$2,900	$500

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details 2) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended		6 Months Ended
	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013	Feb. 01, 2014	Aug. 02, 2014	Jan. 31, 2015	Jan. 31, 2015	Jan. 31, 2015	Jan. 31, 2015	Jan. 31, 2015
						Senior Revolving Credit Facility [Member]	Common Stock Class A	Minimum [Member]	Minimum [Member]	Maximum [Member]	Maximum [Member]
							Forecast [Member]	Forecast [Member]	Common Stock Class A	Forecast [Member]	Common Stock Class A
									Forecast [Member]		Forecast [Member]
Summary of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Net losses	$22,009,000	($958,000)	$43,790,000	($4,068,000)	$38,400,000	'	'	'	'	'	'
Negative cash flow from operations	'	'	23,936,000	-3,383,000	17,600,000	'	'	'	'	'	'
Cash and cash equivalents and short-term investments	40,300,000	'	40,300,000	'	'	'	'	'	'	'	'
Current borrowing capacity	'	'	'	'	'	35,000,000	'	'	'	'	'
Remaining borrowing capacity	28,700,000	'	28,700,000	'	'	28,700,000	'	'	'	'	'
Available Liquidity	69,000,000	'	69,000,000	'	'	'	'	'	'	'	'
Capitalized interest, less than $0.1 million	100,000	'	100,000	'	'	'	'	'	'	'	'
Proceeds from private placement of common stock	'	'	'	'	'	'	18,500,000	'	'	'	'
Proceeds from private placement of common stock, net	'	'	'	'	'	'	'	'	17,200,000	'	17,700,000
Proceeds from issuance of rights	'	'	'	'	'	'	'	25,000,000	'	30,000,000	'
Income Taxes:	'	'	'	'	'	'	'	'	'	'	'
Net operating loss carry forwards	165,000,000	'	165,000,000	'	'	'	'	'	'	'	'
Effective negative income tax rate	0.10%	'	0.30%	'	'	'	'	'	'	'	'
Effective negative income tax rate, expected for remainder of fiscal year	'	'	0.30%	'	'	'	'	'	'	'	'
Other Comprehensive Income	'	'	'	'	'	'	'	'	'	'	'
Accumulated other comprehensive loss	$0	($127,000)	$0	($127,000)	($152,000)	'	'	'	'	'	'

StockBased_Compensation_and_Su1

Stock-Based Compensation and Supplemental Employee Retirement Plan (Details)	3 Months Ended		6 Months Ended
	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013
Weighted-average assumptions used to estimate the fair value of options granted	'	'	'	'
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Expected Volatility	41.66%	40.73%	41.66%	40.92%
Risk-Free Interest Rate	1.00%	0.70%	1.02%	0.56%
Expected Life of Options (in Years)	'3 years 3 months 18 days	'3 years 3 months 18 days	'3 years 3 months 18 days	'3 years 3 months 18 days

StockBased_Compensation_and_Su2

Stock-Based Compensation and Supplemental Employee Retirement Plan (Details 1) (USD $)	6 Months Ended
In Thousands, except Share data, unless otherwise specified	Aug. 02, 2014
Number of shares:	'
Outstanding at February 1, 2014	882,333
Granted	1,445,246
Exercised	0
Canceled	-281,732
Outstanding at August 2, 2014	2,045,847
Vested and expected to vest in the future at August 2, 2014	1,674,654
Exercisable at August 2, 2014	385,723
Weighted-Average Exercise Price Per Share (in dollars per share):	'
Outstanding at February 1, 2014	$3.82
Granted	$1.51
Exercised	$0
Canceled	$4.12
Outstanding at August 2, 2014	$2.15
Vested and expected to vest in the future at August 2, 2014	$2.26
Exercisable at August 2, 2014	$3.74
Outstanding at August 2, 2014 Weighted Average Remaining Contractual Life	'4 years 2 months 18 days
Vested and expected to vest in the future at August 2, 2014, Weighted Average Remaining Contractual Life	'4 years 1 month 13 days
Exercisable at August 2, 2014, Weighted Average Remaining Contractual Life	'2 years 9 months 7 days
Outstanding at August 2, 2014, Aggregate Intrinsic Value	$0
Vested and expected to vest in the future at August 2, 2014, Aggregate Intrinsic Value	0
Exercisable at August 2, 2014, Aggregate Intrinsic Value	$0

StockBased_Compensation_and_Su3

Stock-Based Compensation and Supplemental Employee Retirement Plan (Details 2) (USD $)	6 Months Ended
	Aug. 02, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Range of Exercise Prices, Lower Limit (in dollars per share)	$0.92
Range of Exercise Prices, Upper Limit (in dollars per share)	$4.97
Options Outstanding, Number Outstanding as of August 2, 2014	2,045,847
Options Outstanding, Weighted- Average Remaining Contractual Life (in years)	'4 years 2 months 19 days
Options Outstanding, Weighted- Average Exercise Price Per Share (in dollars per share)	$2.15
Options Exercisable, Number Exercisable as of August 2, 2014	385,723
Options Exercisable, Weighted- Average Exercise Price Per Share (in dollars per share)	$3.74
$0.92 - $1.52 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Range of Exercise Prices, Lower Limit (in dollars per share)	$0.92
Range of Exercise Prices, Upper Limit (in dollars per share)	$1.52
Options Outstanding, Number Outstanding as of August 2, 2014	1,440,246
Options Outstanding, Weighted- Average Remaining Contractual Life (in years)	'4 years 8 months 19 days
Options Outstanding, Weighted- Average Exercise Price Per Share (in dollars per share)	$1.51
Options Exercisable, Number Exercisable as of August 2, 2014	0
Options Exercisable, Weighted- Average Exercise Price Per Share (in dollars per share)	$0
$2.26 - $3.43 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Range of Exercise Prices, Lower Limit (in dollars per share)	$2.26
Range of Exercise Prices, Upper Limit (in dollars per share)	$3.43
Options Outstanding, Number Outstanding as of August 2, 2014	206,001
Options Outstanding, Weighted- Average Remaining Contractual Life (in years)	'2 years 7 months 24 days
Options Outstanding, Weighted- Average Exercise Price Per Share (in dollars per share)	$2.95
Options Exercisable, Number Exercisable as of August 2, 2014	115,998
Options Exercisable, Weighted- Average Exercise Price Per Share (in dollars per share)	$3.03
$3.44 - $4.97 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Range of Exercise Prices, Lower Limit (in dollars per share)	$3.44
Range of Exercise Prices, Upper Limit (in dollars per share)	$4.97
Options Outstanding, Number Outstanding as of August 2, 2014	399,600
Options Outstanding, Weighted- Average Remaining Contractual Life (in years)	'3 years 2 months 9 days
Options Outstanding, Weighted- Average Exercise Price Per Share (in dollars per share)	$4.05
Options Exercisable, Number Exercisable as of August 2, 2014	269,725
Options Exercisable, Weighted- Average Exercise Price Per Share (in dollars per share)	$4.05

StockBased_Compensation_and_Su4

Stock-Based Compensation and Supplemental Employee Retirement Plan (Details 3) (Restricted common stock and restricted stock units [Member], USD $)	6 Months Ended
	Aug. 02, 2014
Restricted common stock and restricted stock units [Member]	'
Number of Shares:	'
Nonvested at February 1, 2014	899,939
Granted	1,476,513
Vested	-207,972
Forfeited	-84,376
Nonvested at August 2, 2014	2,084,104
Weighted-Average Grant-Date Fair Value (in dollars per share):	'
Nonvested at February 1, 2014	$3.06
Granted	$1.50
Vested	$2.72
Forfeited	$2.42
Nonvested at August 2, 2014	$2.02

StockBased_Compensation_and_Su5

Stock-Based Compensation and Supplemental Employee Retirement Plan (Details 4) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013
Summary of stock-based compensation	'	'	'	'
Stock-based compensation	$461	$476	$1,105	$845
Cost of sales [Member]	'	'	'	'
Summary of stock-based compensation	'	'	'	'
Stock-based compensation	59	72	76	122
Selling, general, and administrative expenses [Member]	'	'	'	'
Summary of stock-based compensation	'	'	'	'
Stock-based compensation	402	404	1,029	723
Stock options [Member]	'	'	'	'
Summary of stock-based compensation	'	'	'	'
Stock-based compensation	62	73	81	122
Restricted common stock and restricted stock units [Member]	'	'	'	'
Summary of stock-based compensation	'	'	'	'
Stock-based compensation	399	328	1,024	622
Performance share awards and units [Member]	'	'	'	'
Summary of stock-based compensation	'	'	'	'
Stock-based compensation	$0	$75	$0	$101

StockBased_Compensation_and_Su6

Stock-Based Compensation and Supplemental Employee Retirement Plan (Details Textual) (USD $)

3 Months Ended

6 Months Ended

0 Months Ended

6 Months Ended

0 Months Ended

Aug. 02, 2014

Aug. 03, 2013

Aug. 02, 2014

Aug. 03, 2013

21-May-14

Aug. 02, 2014

Aug. 03, 2013

Aug. 02, 2014

19-May-10

Jul. 20, 2005

21-May-14

Aug. 02, 2014

Aug. 31, 2014

plan

2005 Plan [Member]

Stock options [Member]

Restricted common stock and restricted stock units [Member]

Restricted common stock [Member]

Restricted stock units [Member]

Common Stock Class A

SERP Plan [Member]

Subsequent Event [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

2005 Plan [Member]

Selling, General and Administrative Expenses [Member]

2005 Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of plans with shares available for grant

Issuance of incentive awards of Common Stock

17,500,000

12,500,000

Number of additional shares authorized

4,000,000

Aggregate common stock issued

22,557,528

Shares available for future grants

2,052,826

Award vesting period

'3 years

'5 years

'1 year

'3 years

Award expiration period

'5 years

'10 years

Unrecognized compensation expenses, stock options

$500,000

Average Period of recognition for unrecognized Compensation expenses

'2 years 4 months 25 days

'1 year 11 months 15 days

Weighted average grant date fair value of stock options (in dollars per share)

$0.29

$1.37

$0.27

$1.13

Total intrinsic value for options exercised

200,000

Cash received from option exercises

500,000

Shares granted

1,476,513

234,759

1,476,513

Stock granted, weighted average grant date fair value per share (in dollars per share)

$1.50

$3.03

$1.50

Unrecognized compensation expense, other than options

2,800,000

Cash surrender value of life insurance policy

1,400,000

Payments to Transferee for Settlement of Defined Benefit Plan

1,100,000

Gain on retirement of SERP liability

$696,000

$700,000

Senior_Revolving_Credit_Facili1

Senior Revolving Credit Facility (Details) (USD $)	6 Months Ended
Senior Revolving Credit Facility (Details) (USD $)	Aug. 02, 2014
Line of Credit Facility [Line Items]	'
Excess borrowing base over outstanding credit extensions	$4,000,000
Unused portion of the line of credit	0.25%
Remaining borrowing capacity	28,700,000
Minimum [Member]	'
Line of Credit Facility [Line Items]	'
Outstanding credit extensions, maximum percentage	10.00%
Senior revolving credit facility [Member]	'
Line of Credit Facility [Line Items]	'
Current borrowing capacity	35,000,000
Maximum borrowing capacity	50,000,000
Remaining borrowing capacity	28,700,000
Commercial letters of credit [Member]	'
Line of Credit Facility [Line Items]	'
Fee, percent of applicable LIBOR margin	23.00%
Open documentary letters of credit [Member]	'
Line of Credit Facility [Line Items]	'
Amount of senior revolving credit facility	4,500,000
Standby Letters of Credit [Member]	'
Line of Credit Facility [Line Items]	'
Amount of senior revolving credit facility	$1,800,000
Federal Funds Rate [Member]	'
Line of Credit Facility [Line Items]	'
Basis spread on variable rate	0.50%
One-Month LIBOR [Member]	'
Line of Credit Facility [Line Items]	'
Basis spread on variable rate	1.00%
Base Rate [Member] \| Minimum [Member]	'
Line of Credit Facility [Line Items]	'
Basis spread on variable rate	0.50%
Base Rate [Member] \| Maximum [Member]	'
Line of Credit Facility [Line Items]	'
Basis spread on variable rate	1.00%
One, Two, Three, or Six-Month LIBOR [Member] \| Minimum [Member]	'
Line of Credit Facility [Line Items]	'
Basis spread on variable rate	1.50%
One, Two, Three, or Six-Month LIBOR [Member] \| Maximum [Member]	'
Line of Credit Facility [Line Items]	'
Basis spread on variable rate	2.00%

Senior_Convertible_Notes_and_W2

Senior Convertible Notes and Warrants (Details) (USD $)

0 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

6 Months Ended

0 Months Ended

6 Months Ended

0 Months Ended

Mar. 26, 2014

Aug. 02, 2014

Aug. 03, 2013

Aug. 02, 2014

Aug. 03, 2013

Mar. 26, 2014

Feb. 01, 2014

Mar. 26, 2014

Aug. 02, 2014

Mar. 26, 2014

Aug. 02, 2014

Sep. 03, 2014

Aug. 02, 2014

Sep. 03, 2014

Convertible Debt [Member]

Common Stock Class A

Prepaid Expenses and Other Current Assets [Member]

Other Assets [Member]

First Anniversary [Member]

Second Anniversary [Member]

Condition 1 [Member]

Condition 2 [Member]

Condition 3 [Member]

Subsequent Event [Member]

Exchange Warrants [Member]

Exchange Note [Member]

Minimum [Member]

Convertible Debt [Member]

Common Stock Class A

First Anniversary [Member]

Second Anniversary [Member]

Subsequent Second Anniversary [Member]

Subsequent Event [Member]

Convertible Debt [Member]

Subsequent Event [Member]

Convertible Debt [Member]

First Anniversary [Member]

installment

Convertible Debt [Member]

Convertible Debt and Warrants [Line Items]

Principal amount

$27,000,000

Number of shares called by warrants

8,800,000

8,804,348

Deferred financing costs incurred

1,900,000

Proceeds from sale of convertible notes and issuance of warrants

25,100,000

Interest rate

6.00%

Conversion price per share (in dollars per share)

$1.76

$1.84

Number of principal installments

Periodic principal payments

350,000

700,000

350,000

1,000,000

1,075,000

Change in periodic principal payment

350,000

Proceeds to Company from distribution of rights to stockholders, conditional amount

11,500,000

Expected periodic principal payment

1,050,000

Senior convertible debt, discount

4,830,000

Threshold trading days

'20 days

'10 days

'20 days

Minimum daily dollar trading value

1,000,000

500,000

Stock price trigger (in dollars per share)

Exercise price of warrants (in dollars per share)

$2.12

$1.76

Debt Instrument, Convertible, Increase (Decrease) in Conversion Price

($0.36)

Exercisable period of warrants from issuance

'6 months 1 day

Unamortized discount

5,700,000

Amortization of deferred financing costs

263,000

54,000

263,000

Deferred financing costs, current

600,000

Deferred financing costs, noncurrent

1,000,000

Warrants and Embedded derivatives

2,757,000

5,700,000

Gain on warrants and derivatives liabilities

$2,496,000

$2,935,000

Senior_Convertible_Notes_and_W3

Senior Convertible Notes and Warrants (Details 1) (Convertible Debt [Member], USD $)	Aug. 02, 2014	Sep. 03, 2014
In Thousands, unless otherwise specified	Initial Note [Member]	Subsequent Event [Member]
		Exchange Note [Member]
Debt Instrument [Line Items]	'	'
2014	$1,750	$3,500	[1]
2015	10,700	11,050	[1]
2016	12,750	12,450	[1]
2017	$1,800	$0	[1]

[1]	If the Company distributes rights to its stockholders pursuant to a rights offering before March 31, 2015, with proceeds to the Company of not less than $11.5 million, the Company will need to make an additional payment at that time of $350,000 times the number of payments made prior to the rights offering and an additional $350,000 for any further payments due through February 26, 2015.

Fair_Value_Measurements_and_Di2

Fair Value Measurements and Disclosures (Details) (USD $)	Aug. 02, 2014	Feb. 01, 2014	Aug. 03, 2013
In Thousands, unless otherwise specified	Aug. 02, 2014	Feb. 01, 2014	Aug. 03, 2013
Carrying Amount [Member]	'	'	'
Financial assets:	'	'	'
Cash and cash equivalents	$22,033	$22,427	$9,233
Short-term investments	'	7,386	51,948
Long-term tenant allowances receivable	'	'	1,005
Financial liabilities:	'	'	'
Senior convertible notes	22,170	'	'
Carrying Amount [Member] \| Money Market Funds [Member]	'	'	'
Financial assets:	'	'	'
Cash and cash equivalents	22,033	22,427	9,233
Carrying Amount [Member] \| Certificates of Deposit [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	3,084	7,613
Carrying Amount [Member] \| US Treasury Securities [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	'	9,991
Carrying Amount [Member] \| US Government Securities [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	4,302	34,344
Level 1 [Member] \| Fair Value Measurements at Reporting Date [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	'	'
Long-term tenant allowances receivable	'	'	0
Financial liabilities:	'	'	'
Senior convertible notes	0	'	'
Level 1 [Member] \| Fair Value Measurements at Reporting Date [Member] \| Money Market Funds [Member]	'	'	'
Financial assets:	'	'	'
Cash and cash equivalents	0	0	0
Level 1 [Member] \| Fair Value Measurements at Reporting Date [Member] \| Certificates of Deposit [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	0	0
Level 1 [Member] \| Fair Value Measurements at Reporting Date [Member] \| US Treasury Securities [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	'	0
Level 1 [Member] \| Fair Value Measurements at Reporting Date [Member] \| US Government Securities [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	0	0
Level 2 [Member] \| Fair Value Measurements at Reporting Date [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	'	'
Long-term tenant allowances receivable	'	'	0
Financial liabilities:	'	'	'
Senior convertible notes	0	'	'
Level 2 [Member] \| Fair Value Measurements at Reporting Date [Member] \| Money Market Funds [Member]	'	'	'
Financial assets:	'	'	'
Cash and cash equivalents	22,033	22,427	9,233
Level 2 [Member] \| Fair Value Measurements at Reporting Date [Member] \| Certificates of Deposit [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	3,079	7,596
Level 2 [Member] \| Fair Value Measurements at Reporting Date [Member] \| US Treasury Securities [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	'	9,999
Level 2 [Member] \| Fair Value Measurements at Reporting Date [Member] \| US Government Securities [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	4,300	34,319
Level 3 [Member] \| Fair Value Measurements at Reporting Date [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	'	'
Long-term tenant allowances receivable	'	'	1,005
Financial liabilities:	'	'	'
Senior convertible notes	22,170	'	'
Level 3 [Member] \| Fair Value Measurements at Reporting Date [Member] \| Money Market Funds [Member]	'	'	'
Financial assets:	'	'	'
Cash and cash equivalents	0	0	0
Level 3 [Member] \| Fair Value Measurements at Reporting Date [Member] \| Certificates of Deposit [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	0	0
Level 3 [Member] \| Fair Value Measurements at Reporting Date [Member] \| US Treasury Securities [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	'	0
Level 3 [Member] \| Fair Value Measurements at Reporting Date [Member] \| US Government Securities [Member]	'	'	'
Financial assets:	'	'	'
Short-term investments	'	$0	$0

Fair_Value_Measurements_and_Di3

Fair Value Measurements and Disclosures (Details 2) (Level 3 [Member], USD $)	0 Months Ended	6 Months Ended
	Mar. 26, 2014	Aug. 02, 2014	Mar. 26, 2014
Warrant Liability [Member]	'	'	'
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'	'
Stock price (in dollars per share)	'	$0.90	$1.16
Exercise price (in dollars per share)	'	$2.12	$2.12
Exercise price floor (in dollars per share)	'	$1.76	$1.76
Expected volatility	54.00%	51.93%	'
Expected term	'5 years 6 months	'5 years 2 months 12 days	'
Risk free interest rate	1.86%	1.72%	'
Expected dividend yield	0.00%	0.00%	'
Derivative Liability [Member]	'	'	'
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'	'
Stock price (in dollars per share)	'	$0.90	$1.16
Conversion price (in dollars per share)	'	$1.84	$1.84
Expected volatility	52.00%	51.93%	'
Expected term	'3 years	'2 years 8 months 12 days	'
Risk free interest rate	0.89%	0.81%	'
Expected dividend yield	0.00%	0.00%	'
Bond yield	4.20%	4.10%	'
Recovery rate	45.00%	45.00%	'

Fair_Value_Measurements_and_Di4

Fair Value Measurements and Disclosures (Details 3) (USD $)	1 Months Ended	3 Months Ended
In Thousands, unless otherwise specified	3-May-14	Aug. 02, 2014
Warrant Liability [Member]	'	'
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning balance	$3,610	$3,346
Less: Gain from change in fair value	264	1,409
Ending balance	3,346	1,937
Derivative Liability [Member]	'	'
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning balance	2,081	1,906
Less: Gain from change in fair value	175	1,087
Ending balance	$1,906	$819

Fair_Value_Measurements_and_Di5

Fair Value Measurements and Disclosures (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Money market funds	$1	'	$1	'
Incremental borrowing rate	'	'	9.26%	'
Collection period long term tenant allowance receivables	'	'	'5 years	'
Weighted average cost of capital	19.50%	'	'	'
Asset impairment	12,740,000	262,000	20,058,000	1,858,000
Convertible Debt [Member]	'	'	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Senior convertible debt, discount	$4,830,000	'	$4,830,000	'
Effective yield of carrying amount of debt instrument (percent)	21.50%	'	21.50%	'
Maximum [Member]	'	'	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'
Sales growth rate	'	'	3.00%	'

Net_Loss_Income_Per_Share_Deta

Net (Loss) Income Per Share (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013	Feb. 01, 2014
Net income (loss) per share, basic:	'	'	'	'	'
Net (loss) income	($22,009)	$958	($43,790)	$4,068	($38,400)
Less: Undistributed earnings allocable to participating securities	'	-12	'	-46	'
Net income per share, basic	'	946	'	4,022	'
Net income per share, basic shares	84,189,702	85,800,626	84,144,741	87,178,655	'
Net income per share, basic (in dollars per share)	($0.26)	$0.01	($0.52)	$0.05	'
Net income (loss) per share, diluted:	'	'	'	'	'
Net (loss) income	-22,009	958	-43,790	4,068	-38,400
Less: Undistributed earnings allocable to participating securities	'	-12	'	-46	'
Net income per share, diluted	'	$946	'	$4,022	'
Effect of dilutive securities, shares	'	174,403	'	64,757	'
Net income per share, diluted shares	84,189,702	85,975,029	84,144,741	87,243,412	'
Net income per share, diluted (in dollars per share)	($0.26)	$0.01	($0.52)	$0.05	'

Net_Loss_Income_Per_Share_Deta1

Net (Loss) Income Per Share (Details 1)	3 Months Ended		6 Months Ended
Net (Loss) Income Per Share (Details 1)	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Total	21,617,345	1,604,162	16,250,939	1,659,548
Stock options outstanding [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Total	2,045,847	237,977	2,045,847	487,735
Unvested restricted and performance stock awards and units [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Total	1,826,269	1,366,185	1,529,929	1,171,813
Interest on convertible debt [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Total	3,071,316	0	2,193,797	0
Senior convertible notes weighted-average shares outstanding [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Total	14,673,913	0	10,481,366	0

Net_Loss_Income_Per_Share_Deta2

Net (Loss) Income Per Share (Details Textual) (USD $)	6 Months Ended
	Aug. 02, 2014	Sep. 03, 2014
		Subsequent Event [Member]
		Exchange Warrants [Member]
Earnings Per Share [Line Items]	'	'
Cash dividend paid	$0	'
Exercise price of warrants (in dollars per share)	$2.12	$1.76

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	Aug. 02, 2014	Aug. 26, 2014
In Millions, unless otherwise specified	Aug. 02, 2014	Subsequent Event [Member]
Loss Contingencies [Line Items]	'	'
Additional period Court continued the stay	'	'90 days
Loss contingency accrual, less than $0.1 million	$0.10	'

Segment_Reporting_Details

Segment Reporting (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013
Operating Segments	'	'	'	'
Net sales	$121,176	$137,249	$237,904	$277,694
Percentage of consolidated net sales	100.00%	100.00%	100.00%	100.00%
Operating income (loss)	-23,277	978	-44,961	4,176
Depreciation and amortization expense	2,560	3,437	5,499	6,775
Interest income	64	53	95	101
Interest expense	-1,263	-54	-1,716	-108
Gain on warrants and derivatives liabilities	2,496	0	2,935	0
Income (loss) before provision for income taxes	-21,980	977	-43,647	4,169
Operating Segments [Member] \| Wet Seal [Member]	'	'	'	'
Operating Segments	'	'	'	'
Net sales	108,722	120,567	212,031	243,367
Percentage of consolidated net sales	90.00%	88.00%	89.00%	88.00%
Operating income (loss)	-15,562	8,950	-23,947	18,502
Depreciation and amortization expense	1,980	2,732	4,229	5,317
Interest income	0	0	0	0
Interest expense	0	0	0	0
Gain on warrants and derivatives liabilities	0	'	0	'
Income (loss) before provision for income taxes	-15,562	8,950	-23,947	18,502
Operating Segments [Member] \| Arden B [Member]	'	'	'	'
Operating Segments	'	'	'	'
Net sales	12,454	16,682	25,873	34,327
Percentage of consolidated net sales	10.00%	12.00%	11.00%	12.00%
Operating income (loss)	-947	491	-5,579	1,048
Depreciation and amortization expense	53	322	217	581
Interest income	0	0	0	0
Interest expense	0	0	0	0
Gain on warrants and derivatives liabilities	0	'	0	'
Income (loss) before provision for income taxes	-947	491	-5,579	1,048
Corporate and Unallocated [Member]	'	'	'	'
Operating Segments	'	'	'	'
Net sales	0	0	0	0
Percentage of consolidated net sales	0.00%	0.00%	0.00%	0.00%
Operating income (loss)	-6,768	-8,463	-15,435	-15,374
Depreciation and amortization expense	527	383	1,053	877
Interest income	64	53	95	101
Interest expense	-1,263	-54	-1,716	-108
Gain on warrants and derivatives liabilities	2,496	'	2,935	'
Income (loss) before provision for income taxes	($5,471)	($8,464)	($14,121)	($15,381)

Segment_Reporting_Details_Text

Segment Reporting (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Aug. 02, 2014	Aug. 03, 2013	Aug. 02, 2014	Aug. 03, 2013
	Aug. 02, 2014	Aug. 03, 2013	Segment	Aug. 03, 2013
Segment Reporting Information [Line Items]	'	'	'	'
Number of operating segments	'	'	2	'
Number of reportable segments	'	'	2	'
Asset impairment	$12,740,000	$262,000	$20,058,000	$1,858,000
Gain on termination of Arden B loyalty program	200,000	'	237,000	0
Gain on retirement of SERP liability	'	'	696,000	0
Operating Segments [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Asset impairment	12,740,000	262,000	19,674,000	1,858,000
Operating Segments [Member] \| Wet Seal [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Asset impairment	12,600,000	300,000	16,800,000	1,400,000
Operating Segments [Member] \| Arden B [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Asset impairment	100,000	0	2,900,000	500,000
Costs to wind down	400,000	'	1,000,000	'
Corporate [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Asset impairment	0	0	384,000	0
Other income	'	'	500,000	'
Benefit to adjust loss contingency related to legal matters	'	'	3,500,000	'
SERP Plan [Member] \| Corporate [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Gain on retirement of SERP liability	$700,000	'	$700,000	'

Treasury_Stock_Details

Treasury Stock (Details) (USD $)	6 Months Ended
In Millions, except Share data, unless otherwise specified	Aug. 02, 2014
Equity [Abstract]	'
Shares paid to satisfy employee withholding tax obligations	43,183
Payments related to tax withholding for share-based compensation	$0.10
Forfeitures of stock-based compensation (in shares)	273,284

Subsequent_Event_Details

Subsequent Event (Details) (USD $)

6 Months Ended

0 Months Ended

6 Months Ended

0 Months Ended

Jan. 31, 2015

Mar. 26, 2014

Jan. 31, 2015

Sep. 03, 2014

Aug. 02, 2014

Sep. 03, 2014

Aug. 27, 2014

Forecast [Member]

Common Stock Class A

Minimum [Member]

Maximum [Member]

Exchange Warrants [Member]

Convertible Debt [Member]

Chief Executive Officer [Member]

Forecast [Member]

Common Stock Class A

Forecast [Member]

Common Stock Class A

Subsequent Event [Member]

Common Stock Class A

Subsequent Event [Member]

Restricted Stock [Member]

Restricted stock units [Member]

Forecast [Member]

Subsequent Event [Member]

Subsequent Event [Line Items]

Proceeds from private placement of common stock

$18,500,000

Proceeds from private placement of common stock, net

17,200,000

17,700,000

Private placement, price per share (in dollars per share)

$1.01

Private placement, price per share, percent of volume weighted-average price

87.50%

Private placement, price per share, consecutive trading day period

'20 days

Private placement, termination, volume weighted-average price, trading day period

'15 days

Private placement, termination, stock price (in dollars per share)

$0.80

Private placement, discount per share

4.00%

Private placement, maximum discount per share (in dollars per share)

$0.04

Period from issuance warrants become exercisable

'6 months 1 day

Proceeds from issuance of rights

25,000,000

30,000,000

Number of shares called by warrants

8,800,000

8,804,348

Investor's maximum percentage in each of the Exchange Note and the Exchange Warrant

4.99%

9.99%

Conversion price per share (in dollars per share)

$1.76

$1.84

Decrease in conversion price per share (in dollars per share)

$0.36

Aggregate amount of cash payment under severance agreement

$819,200

Payout period for cash payment under severance agreement

'10 days

Shares immediately vested

100,000

Shares forfeited

161,699

377,953