Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In Thousands)

 

     Predecessor         Successor
     Year ended    February 4,
2007
through
July 6,
2007		          July 7,
2007
through
February 2,
2008		     Year ended    Thirteen
weeks
ended
     January 28,
2006		     February 3,
2007		               January 31,
2009		     January 30,
2010		    May 1,
2010

Earnings before taxes

    $ (103,227 )    $ 23,994    $ 37,103         $ (39,912 )    $ (28,790 )    $ 76,543    $ 30,944

Fixed charges:

                       

Interest Expense (excluding loss on extinguishment)

      —          —        —             6,978        36,531        53,222      13,623

Interest Element of Lease Costs

      61,940        58,600      22,047           36,466        55,726        56,075      14,126
                                                        

Total fixed charges

    $ 61,940      $ 58,600    $ 22,047         $ 43,444      $ 92,257      $ 109,297    $ 27,749

Earnings before taxes and fixed charges

    $ (41,287 )    $ 82,594    $ 59,150         $ 3,532      $ 63,467      $ 185,840    $ 58,693

Ratio of earnings to fixed charges (1)

      N/A        1.4      2.7           N/A        N/A        1.7      2.1

 

(1) For fiscal year 2005, the period from July 7, 2007 through February 2, 2008, and fiscal year 2008, our ratio of earnings to fixed charges was less than 1. Our earnings were insufficient to cover fixed charges by $103.2 million, $39.9 million, and $28.8 million for fiscal year 2005, the period from July 7, 2007 through February 2, 2008, and fiscal year 2008, respectively.