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MERCHANDISE INVENTORIES | 9 Months Ended
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Apr. 29, 2023
Inventory Disclosure [Abstract] |
MERCHANDISE INVENTORIES | MERCHANDISE INVENTORIES At April 29, 2023 and July 30, 2022, approximately 64% and 61%, respectively, of merchandise inventories are valued by the LIFO method while the balance is valued by FIFO. If the FIFO method had been used for the entire inventory, inventories would have been $20,654 and $18,616 higher than reported at April 29, 2023 and July 30, 2022, respectively.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
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