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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported) -- November 10, 2000
COMMISSION FILE NUMBER: 0 - 22074
NATIONAL RECORD MART, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 11-2782687
(State or jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
507 FOREST AVENUE
CARNEGIE, PENNSYLVANIA 15106-2873
(Address of principal executive offices, including zip code)
(412-276-6200)
(Registrant's telephone number, including area code)
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NATIONAL RECORD MART, INC.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) Previous independent accountants
1. On November 10, 2000, Ernst & Young LLP ("E&Y"), the independent
accountant previously engaged as the principal accountant to
audit the financial statements of National Record Mart, Inc.
("NRM") resigned.
2. The reports of E&Y on NRM's consolidated financial statements for
the fiscal years ending March 27, 1999 and March 25, 2000 did not
contain an adverse opinion or disclaimer of opinion, nor were
they qualified or modified as to uncertainty, audit scope or
accounting principles.
3. During NRM's fiscal years ended March 27, 1999 and March 25, 2000
and the subsequent interim period through November 10, 2000, there
have been no disagreements with E&Y on any matter of accounting
principles or practices, financial statement disclosure, or
auditing scope and procedure, which disagreements, if not resolved
to the satisfaction of E&Y, would have caused E&Y to make
reference to the subject matter of the disagreements in connection
with its report on the financial statements for such years.
4. NRM has requested that E&Y furnish a letter addressed to the
Securities and Exchange Commission stating whether it agrees with
the above statements. A copy of this letter, dated November 17,
2000 is filed as Exhibit 16.1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(b) Exhibits
16.1 Letter from Ernst & Young LLP dated November 17, 2000
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereto duly authorized.
NATIONAL RECORD MART, INC.
By: Theresa Carlise
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Theresa Carlise
Senior Vice President and
Chief Financial Officer
(Principal Financial and Accounting Officer)
Date: November 17, 2000
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