Finance & Capital Management

New York - Gymboree Corp. said Monday it did not receive any offers that top Bain Capital's $1.8 billion bid for the company and so the buyout will proceed.

The allotted time for Gymboree to receive competing offers expired Friday.

"Despite a broad solicitation of potentially interested parties, the Company did not receive any alternative acquisition proposals during the 'go-shop' period," Gymboree said in a statement.

Boston — EnerNOC, a leading provider of data-driven energy efficiency applications, announced that Sears Holdings has selected EnerNOC's EfficiencySMART Commissioning, which blends traditional commissioning services with real-time, persistent commissioning technology, to drive energy savings at its 2.4 million-sq.-ft. corporate headquarters in Hoffman Estates, Ill., a 2010 Energy Star rated facility.

San Francisco -- Gap will open its first Italian flagship on  Saturday in the Corso Vittorio Emanuele shopping district of Milan.

The company said that it also plans to open an additional Gap store in Rome next year and a Banana Republic store adjacent to its Milan location "in the near future." The Milan Gap store spans three floors and 25,500 sq. ft. and will offer all Gap clothing collections.
 

New York City -- The NBA Store on Fifth Avenue in Manhattan will close in late February, due to rising rent. The company said it is looking for a new location in the city.

Birmingham, Ala. -- Hibbett Sports said Friday its third-quarter profit jumped 43% as it posted another quarter of double-digit growth in same-store sales revenue. It also boosted its forecast for the year.

The company reported net income of $12.6 million in the three months that ended Oct. 30, up from $8.8 million a year ago.

Revenue rose nearly 15% to $167.4 million, from $145.9 million a year ago. Same-store sales rose 12.5%.

San Francisco -- Gap said its third-quarter net income fell 1% to  $303 million for the period that ended Oct. 30. That compares with $307 million a year earlier.

Revenue rose 2% to $3.65 billion, boosted by increases in online and international sales. Same-store sales were flat.

New York City -- Foot Locker on Thursday reported a profit for its third quarter on stronger margins for the retailer.

The company said it earned $52 million for the quarter that ended Oct. 30. That compares with a loss of $6 million during the same period year earlier, when the company also had $22 million in impairment charges.

Revenue rose 5% o $1.28 billion. Same-store sales were up 8.1%.