EXHIBIT 10.02

                                                              December 28, 1999


Mr. Alan I. Weinstein
President & Chief Executive Officer
J. Baker, Inc.
555 Turnpike Street
Canton, MA     02021

Dear Alan,

         Your July 9, 1998  Restricted  Stock  Grant of 50,000  shares of Common
Stock from J. Baker,  Inc. and subsequent  modifications  thereto  restrict your
right to engage in any  transactions  prior to December 31, 1999 with respect to
those  shares.  The Grant also  provides the Company  repurchase  options if the
20-day  average  trading  price of the  Company's  Common Stock  culminating  on
December 31, 1999 is not $14.00 per share or higher.  In this event, the Company
has the right to exercise an option to repurchase  from you the number of shares
set forth on the schedule attached to the Grant at the price paid by you for the
shares or the current fair market value of the shares, whichever is lower.

         The Board, on the  recommendation  of its Compensation  Committee,  has
determined  that a  modification  of the  Restricted  Stock Grant is  warranted.
Accordingly,  if you agree to extend the restrictions on the shares to September
15,  2000,  the Company  will use this same date as the  effective  date for its
repurchase option, instead of December 31, 1999 as set forth above.

         We believe this proposal satisfies both your interests and those of the
Company.  If you concur,  please acknowledge your acceptance of this proposal by
signing  herein below and returning one fully  executed copy to Bill Friend.  He
will then prepare any necessary documentation to effect this revision.

                                          Very Truly Yours,

                                          /s/ J. Christopher Clifford
                                          ---------------------------
                                          J. Christopher Clifford
                                          Chairman, Compensation Committee

Accepted and Agreed to

By:   /s/ Alan I. Weinstein
      ---------------------
         Alan I. Weinstein

JCC/smb
cc:      William K. Friend
         First Senior Vice President and
         General Counsel