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SPIEGEL, INC. REPORTS JULY SALES RESULTS

 DOWNERS GROVE, Ill., Aug. 5 /PRNewswire/ -- Spiegel Inc., (NASDAQ: SPGLA) today reported total sales for the four weeks ended July 31, 1993, were $123.5 million, an increase of 23 percent from the $100.6 million in the same period last year. The company also reported that sales for the 26 weeks ended July 31, 1993, were $877.1 million, an increase of 17 percent from the $747.3 million in the same period last year.
 On a comparative store basis, Spiegel also reported that sales for its subsidiary, Eddie Bauer, were up 11 percent in July and 15 percent for the 26 weeks ended July 31, 1993.
 John J. Shea, vice chairman, president and chief executive officer of Spiegel Inc., said, "The Eddie Bauer division's retail store operations represent a growing percentage of Spiegel's total sales. Therefore, to keep the business and financial community more fully informed, Spiegel will begin reporting monthly sales data with the release of our July sales figures. We will also release percentage sales changes on a comparative store basis for the Eddie Bauer division."
 Shea continued, "Spiegel Inc. continues to successfully demonstrate its ability to manage both retail stores as well as a multi-faceted catalog operation. We expect that releasing monthly sales and comparative store data will enhance our recognition as not only America's dominant catalog company, but also as one of America's major retailers."
 Spiegel Inc. is the dominant multi-channel specialty retailer marketing fashionable apparel and home furnishings to customers through catalogs and more than 280 specialty retail stores. Spiegel's businesses include Eddie Bauer, Crayola Kids and For You from Spiegel. Spiegel's Class A non-voting common stock trades on the NASDAQ National Market System under the ticker symbol: SPGLA.
 FOOTNOTE: Spiegel's financial reporting period is based on a
 calendar year. These sales figures have been stated
 on a January fiscal year basis for comparability.
 -0- 8/5/93
 /CONTACT: Debbie Koopman of Spiegel, Inc., 708-769-2596/
 (SPGL)


CO: Spiegel Inc. ST: Illinois IN: REA SU:

PS -- NY014 -- 9714 08/05/93 08:58 EDT
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Publication:PR Newswire
Date:Aug 5, 1993
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