-
Destination Maternity gives turnaround update; loses CFO
Destination Maternity says its turnaround efforts are working to drive long-term growth despite a decrease in same-store sales during the fourth quarter.
The company said that for the fourth quarter ended Jan. 30, same-store sales decreased 3.5%. The retailer's net loss improved to $3.1 million compared to a net loss of $17 million in the prior year quarter. Net sales were $118.3 million, compared with $121.2 million for the comparable three month in 2015.
-
CBRE appoints Steven H. Gartner to managing director of retail
Philadelphia -- CBRE Group announced that Steven H. Gartner has been appointed to managing director of retail for the Greater Pennsylvania Region. Gartner will lead CBRE’s retail brokerage platform throughout the region, driving growth and creating a cohesive and collaborative service offering for retail clients, as well as continue to actively maintain strategic client relationships both in Philadelphia and across the country.

