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  • Buckle posts Q2 profit, misses Street

    Kearney, Neb. -- Buckle Inc. reported a profit of $24.5 million in the second quarter, missing Wall Street estimates.

    Quarterly revenue, however, beat analysts’ projections, as the teen apparel retailer posted revenue of $235.7 million in the period. Wall Street expected $234.2 million.
     

     

  • Gap Q2 profit tops estimates; raises forecast

    San Francisco -- Gap Inc. posted a better-than-expected quarterly profit and sales and raised its full-year profit forecast, helped by strong sales at Old Navy.

    Net profit rose to $332 million in the second quarter ended Aug. 2, from $303 million a year ago.

  • Dollar General digs in as Family Dollar rebuffs takeover bid

    New York -- Family Dollar said it favors a smaller deal with potential buyer Dollar Tree, and firmly rejected an offer for takeover by larger competitor Dollar General.

    Following an $8.5 billion offer last week by Dollar Tree, Dollar General offered a $9 billion, all-cash deal.

  • Baker Katz completes Dave & Buster’s lease in Houston

    Houston -- Baker Katz, an X Team International partner, announced that it has completed the lease of a 40,000-sq.-ft. Dave & Buster's in Houston.     

    Located in the Baybrook Mall expansion project, this will be the third Dave & Buster's location to open in the Houston area.

     

  • RMC Property Group names VP leasing

    Tampa, Fla. -- RMC Property Group announced that Nicholas Roth has joined the company as VP leasing.  

    Roth joins RMC from Sandor in Indianapolis, where he was its U.S director of leasing. Roth also worked previously in landlord representation as director of leasing/Florida with Edens & Avant and as senior VP leasing/Florida with Equity One.

  • REI names COO, senior VP merchandising

    Seattle -- Outdoor gear and apparel retailer REI has promoted Eric Artz, CFO, the additional role COO), and Susan Viscon, VP merchandising, to senior VP merchandising.

  • Stein Mart profit slides in Q2

    Jacksonville, Fla. -- Stein Mart Inc. reported net income of $1.7 million for the second quarter, reduced from $3.4 million last year on higher healthcare costs.

    Total sales increased 2.5% to $298.2 million, while same-store sales increased 1.3%, the retailer’s ninth consecutive quarter of comparable store sales gains.

  • Children’s Place narrows loss in Q2; to expand into India

    Secaucus, N.J. -- The Children's Place, Inc. reported a loss of $10.7 million in the quarter ended Aug. 2, compared to a loss of $23.6 million in the year-ago period. Sales edged up to $384.6 million, from $382.4 million for second quarter 2013.

    Same-store sales increased 0.8%.

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