<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JAN-28-1996 <PERIOD-END> JAN-28-1996 <CASH> 53,269 <SECURITIES> 54,756 <RECEIVABLES> 325,384 <ALLOWANCES> 0 <INVENTORY> 2,180,318 <CURRENT-ASSETS> 2,671,969 <PP&E> 4,968,895 <DEPRECIATION> 507,871 <TOTAL-ASSETS> 7,354,033 <CURRENT-LIABILITIES> 1,416,482 <BONDS> 720,080 <COMMON> 23,855 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 4,963,911 <TOTAL-LIABILITY-AND-EQUITY> 7,354,033 <SALES> 15,470,358 <TOTAL-REVENUES> 15,470,358 <CGS> 11,184,772 <TOTAL-COSTS> 11,184,772 <OTHER-EXPENSES> 3,105,732 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (15,449) <INCOME-PRETAX> 1,195,303 <INCOME-TAX> 463,780 <INCOME-CONTINUING> 731,523 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 731,523 <EPS-PRIMARY> 1.54 <EPS-DILUTED> 1.54