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  • Gymboree profit dips in Q3

    San Francisco -- The Gymboree Corp. reported Monday that net income for the quarter ended Oct. 30 dipped slightly to $34.4 million, compared with net income of $34.8 million in the year-ago quarter.

    Revenue increased 4% to $280.9 million, compared with $269.1 million in the prior year. 

    Same-store sales decreased 4%.

  • Report: Von Maur seeks to enter Atlanta market

    Atlanta -- Midwest department store operator Von Maur will enter the Atlanta market, taking over a fomer Belk’s space at North Point Mall in Alpharetta, Ga., pending approval by the city's design review board, Atlanta Business News reported.

  • J.C. Penney Q3 profit rises 63%

    Plano, Texas -- J.C. Penney reported a better-than-expected increase in third-quarter profit Friday, crediting controlled costs and positive response to its newest exclusive brands, which include Liz Claiborne and MNG by Mango, and its Sephora in-store cosmetic boutiques.

    The chain posted a profit of $44 million in the period ended Oct. 30, compared with $27 million a year ago. Total sales increased 0.2% to $4.19 billion, up from $4.18 billion in the third quarter last year. Same-store sales rose 1.9%.

  • Wulfe & Co. announces promotions

    Houston -- Wulfe & Co. announced that Bob Sellingsloh has been named president of the company.

    Taryn Sims has been named president of Wulfe Management Services, a commercial real estate property management firm affiliated with Wulfe & Co.

    Ed Wulfe, founder, announced the firm’s new top management structure which will be effective January 1, 2011. Wulfe will assume the position of chairman and CEO of the companies, maintaining his full time day-to-day activities with both organizations.

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