SEC FILE NUMBER 1-10767 | ||
CUSIP NUMBER 76128Y 10 2 |
(Check one): þ Form 10-K o Form 20-F o Form 11-K o Form 10-Q o Form 10-D o Form N-SAR o Form N-CSR | |||||
For Period Ended: February 2, 2008 | |||||
o Transition Report on Form 10-K | |||||
o Transition Report on Form 20-F | |||||
o Transition Report on Form 11-K | |||||
o Transition Report on Form 10-Q | |||||
o Transition Report on Form N-SAR | |||||
For the Transition Period Ended: | __________________ | ||||
PART I REGISTRANT INFORMATION | ||||||||
PART II RULES 12b-25 (b) AND (c) | ||||||||
PART III NARRATIVE | ||||||||
PART IV OTHER INFORMATION |
(a) | The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; | ||||
(b) | The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and | ||||
(c) | The accountants statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
On January 23, 2008, Retail Ventures, Inc. (RVI) announced it had entered into, and consummated the transactions contemplated by, a definitive agreement dated January 23, 2008 to dispose of an 81% ownership interest in its Value City Department Stores (Value City) business to VCHI Acquisition Co., a newly formed entity owned by VCDS Acquisition Holdings, LLC, Emerald Capital Management LLC and Crystal Value, LLC. Following this transaction RVI is required to present the financial results for the disposition in its consolidated financial statements as discontinued operations for the three fiscal years 2005, 2006 and 2007. The level of activity required to satisfy these requirements and the time required for the attendant audit of RVIs consolidated financial statements have resulted in the need to delay the filing of RVIs Annual Report on Form 10-K for the year ended February 2, 2008 beyond the prescribed filing date. RVI was not able to eliminate the foregoing reasons causing its inability to timely file without unreasonable effort or expense. RVI anticipates that it will be able to file its completed Form 10-K not later than May 2, 2008. |
(1) | Name and telephone number of person to contact in regard to this notification. |
James A. McGrady | 614 | 471-4722 | ||
(Name) |
(Area Code) | (Telephone Number) |
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). Yes þ No o | ||
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? Yes þ No o |
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. | ||
As discussed in Part III above following RVIs January 23, 2008 disposition of its 81% ownership interest in the Value City business to VCHI Acquisition Co., RVI will reflect the financial results for the disposition as discontinued operations in RVIs consolidated financial statements for all periods presented. |
Date:
|
April 17, 2008 | By: | /s/ James A. McGrady | |||
James A. McGrady, Executive | ||||||
Vice President, Chief Financial Officer, Treasurer and Secretary |