Deals

Gymboree Corp. is reportedly very close to its second Chapter 11 bankruptcy protection in less than two years.

Calvin Klein will close its Madison Avenue flagship in the spring as part of a total brand restructuring that includes a “digital-first” approach.

San Francisco brokerage DeRose & Appelbaum have added real estate veterans Pam Mendelsohn and Sarah Brett Schwartz as partners, and have rebranded as Maven as it continues to expand its retail business.

Kohl’s is making several moves to lift its performance.

Sears Holdings Corp. has been given an eleventh hour lifeline.

Ocean State Job Lot has purchased six former Toys “R” Us locations and has agreed to a long-term lease at a seventh in New York, New Hampshire, Massachusetts, and Pennsylvania--a new market for the discounter.

J.C. Penney on Tuesday gave a preliminary update on its holiday results and suggested some store closings are ahead.

National Realty & Development Corp. has announced the promotion of Nick Hrvatin to VP of leasing.