Impairment, Restructuring and Other Charges |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 02, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring and Related Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Impairment, Restructuring and Other Charges | 13. Impairment and Restructuring Charges The following table represents impairment and restructuring charges. All amounts were recorded within impairment and restructuring on the Consolidated Statements of Operations during the 26 weeks ended August 2, 2025. There were no impairment and restructuring charges recorded for the 13 weeks ended August 2, 2025 or August 3, 2024 or for the 26 weeks ended August 3, 2024.
The following footnotes relate to impairment and restructuring charges recorded in the 26 weeks ended August 2, 2025: (1) The Company recorded $15.3 million of asset impairment charges primarily related to closing two fulfillment centers as part of its supply chain network optimization project. Of this amount, $10.4 million of charges relate to ROU assets and $4.9 million relates to property and equipment. (2) The Company recorded $1.8 million of employee severance, primarily related to closing two fulfillment centers.
A rollforward of the restructuring liabilities recognized in the Consolidated Balance Sheet is as follows:
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