<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> OCT-31-1996 <PERIOD-END> APR-30-1996 <CASH> 10,095 <SECURITIES> 0 <RECEIVABLES> 36,993 <ALLOWANCES> 0 <INVENTORY> 450,688 <CURRENT-ASSETS> 581,459 <PP&E> 32,369 <DEPRECIATION> 15,009 <TOTAL-ASSETS> 682,730 <CURRENT-LIABILITIES> 253,118 <BONDS> 251,529 <COMMON> 237 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 177,846 <TOTAL-LIABILITY-AND-EQUITY> 682,730 <SALES> 256,743 <TOTAL-REVENUES> 269,603 <CGS> 203,811 <TOTAL-COSTS> 255,308 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,396 <INCOME-PRETAX> 1,899 <INCOME-TAX> 151 <INCOME-CONTINUING> 1,748 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,748 <EPS-PRIMARY> 0.08 <EPS-DILUTED> 0.08