<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> FEB-05-1997 <PERIOD-START> FEB-04-1996 <PERIOD-END> MAY-04-1996 <EXCHANGE-RATE> 1 <CASH> 776,238 <SECURITIES> 0 <RECEIVABLES> 9,773,168 <ALLOWANCES> 0 <INVENTORY> 64,035,524 <CURRENT-ASSETS> 83,683,314 <PP&E> 14,025,174 <DEPRECIATION> 0 <TOTAL-ASSETS> 101,132,326 <CURRENT-LIABILITIES> 55,003,160 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 67,097 <OTHER-SE> 48,800,621 <TOTAL-LIABILITY-AND-EQUITY> 101,132,326 <SALES> 23,220,473 <TOTAL-REVENUES> 23,220,473 <CGS> 13,312,526 <TOTAL-COSTS> 13,312,526 <OTHER-EXPENSES> 1,185,098 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,950,151) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,950,151) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,950,151) <EPS-PRIMARY> (.26) <EPS-DILUTED> (.26)