<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JAN-31-1998 <PERIOD-START> FEB-02-1997 <PERIOD-END> JAN-31-1998 <CASH> 1,554,117 <SECURITIES> 0 <RECEIVABLES> 5,186,473 <ALLOWANCES> 0 <INVENTORY> 73,137,842 <CURRENT-ASSETS> 92,383,063 <PP&E> 18,307,240 <DEPRECIATION> 0 <TOTAL-ASSETS> 114,721,883 <CURRENT-LIABILITIES> 73,095,687 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 78,453 <OTHER-SE> 35,904,694 <TOTAL-LIABILITY-AND-EQUITY> 35,983,147 <SALES> 163,593,559 <TOTAL-REVENUES> 163,593,559 <CGS> 95,809,818 <TOTAL-COSTS> 95,809,818 <OTHER-EXPENSES> 74,972,013 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,741,320 <INCOME-PRETAX> (11,122,344) <INCOME-TAX> (321,192) <INCOME-CONTINUING> (10,801,152) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (631,418) <NET-INCOME> (11,432,570) <EPS-PRIMARY> (1.63) <EPS-DILUTED> (1.63)