SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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 1, 1995
PROFFITT'S, INC.
(Exact name of registrant as specified in its charter)
TENNESSEE
(State or other jurisdiction of incorporation)
0-15907 62-0331040
(Commission File Number) (IRS Employer Identification No.)
P.O. Box 9388
Alcoa, TN 37701
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(615) 983-7000
<PAGE>
Item 5. Other Events.
On November 1, 1995, Proffitt's, Inc. (the "Company")
prepared Discussion Information for Financial Analysts'
Presentation in connection with the Company's proposed
merger transaction involving Younkers, Inc. and Baltic
Merger Corporation. Pursuant to General Instruction F to
Form 8-K, the Discussion Information prepared November 1,
1995 is incorporated herein by reference and is attached
hereto as Exhibit 99.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
The following exhibit is filed as a part of this
report:
Exhibit
Number Description
99 Discussion Information for Financial Analysts'
Presentation
<PAGE>
SIGNATURES
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 hereunto duly authorized.
PROFFITT'S, INC.
Date: November 1, 1995 /s/ R. Brad Martin
---------------- ------------------
R. Brad Martin
(Printed)
Chairman of the Board
and Chief Executive
Officer
(Title)
MERCHANDISE MIX
Proffitt's McRae's Younkers
Leased 1.5% 4.7% 8.3%
Lingerie 4.5 3.8 4.6
Accessories 7.0 6.4 6.4
Shoes 7.2 7.5 0
Children's Apparel 9.4 7.5 6.7
Home Furnishings 9.9 15.6 15.9
Men's Apparel 13.0 16.0 16.1
Cosmetics 14.7 10.7 10.9
Women's Apparel 32.8 26.9 30.8 <PAGE>
Average Sales per Selling Square Foot
LTM Ended July 29, 1995
Proffitt's Younkers
$161 $138 <PAGE>
Targeted Internal Growth: 1996-1999
Total
Net Units 6-12
New Unit Footage 1,000-1,250
(000s sq. ft.)
Expansions/Remodels 8-12
Expansion Footage 250-500
(000s sq. ft.)
Total Footage Growth 1,250-1,750
(000s sq. ft.)
New Footage Growth as a
% of Current Footage 12-17% <PAGE>
STORE SIZE
Selling Sq.Ft. Ave. Store Size
(millions) (net sq.ft.)
Proffitt's 2.0 76,000
McRae's 2.5 88,000
Younkers 4.3 83,000
