<ARTICLE> 5 <CIK> 0000904535 <NAME> NATIONAL RECORD MART <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-29-1996 <PERIOD-START> MAR-31-1996 <PERIOD-END> JUN-29-1996 <CASH> 715,266 <SECURITIES> 0 <RECEIVABLES> 8,431 <ALLOWANCES> 0 <INVENTORY> 37,151,985 <CURRENT-ASSETS> 41,716,226 <PP&E> 20,760,082 <DEPRECIATION> 11,189,618 <TOTAL-ASSETS> 54,995,490 <CURRENT-LIABILITIES> 17,691,429 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 50,379 <OTHER-SE> 16,236,735 <TOTAL-LIABILITY-AND-EQUITY> 54,995,490 <SALES> 20,142,062 <TOTAL-REVENUES> 20,142,062 <CGS> 12,391,581 <TOTAL-COSTS> 12,391,581 <OTHER-EXPENSES> 9,323,048 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 420,791 <INCOME-PRETAX> (1,993,358) <INCOME-TAX> (717,609) <INCOME-CONTINUING> (1,275,749) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,275,749) <EPS-PRIMARY> (0.26) <EPS-DILUTED> (0.26)