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Columbus, Ohio -- Limited Brands reported Wednesday that net income for the second quarter rose a better-than-expected 29% to $231.2 million, compared with $178.7 million in the year-ago period. 

It cited strong full-price sales at Victoria’s Secret and Bath and Body Works for the strong showing.

Revenue rose 10% to $2.46 billion, matching Wall Street expectations. Same-store sales rose 9%.

COLUMBUS, Ohio — Limited Brands reported Wednesday that net income for the second quarter rose a better-than-expected 29% to $231.2 million, compared with $178.7 million in the year-ago period. 

It cited strong full-price sales at Victoria’s Secret and Bath and Body Works for the strong showing.

Revenue rose 10% to $2.46 billion, matching Wall Street expectations. Same-store sales rose 9%.

BOISE — Privately owned Albertsons LLC, which operates more than 200 pharmacies across six states, has named Stewart Edington VP pharmacy operations.

Edington has been with Albertsons stores since 2003, when he was hired as a pharmacy manager and worked in the company’s Phoenix stores. In 2006, Edington joined Albertsons LLC as the division pharmacy manager for the company's Florida stores, a position he has held for the last five years.

Dallas -- SRS Real Estate Partners announced Thursday it has hired Lenny Eterno as a senior associate in the South Florida office.

Eterno will be focusing on the Miami Beach and downtown Miami trade areas.

Prior to joining SRS, Eterno worked for SRS’ affiliate, Cypress AutoGroup, LLC, where he completed transactions throughout the southeast.
 

BOSTON — Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, has named Robert Paglia COO. Paglia will focus on the oversight of Gordon Brothers Group's operating, financial planning, human resource, administrative, corporate marketing, and information technology functions in support of the firm's global platform of integrated operating and capital solutions, the company reported.

Mansfield, Conn. -- Westport, Conn.-based Charter Realty & Development Corp. said that ground was broken on Storrs Center, a new mixed-use town center to be located adjacent to the University of Connecticut in Mansfield.

At completion, the project will include approximately 200,000 sq. ft. of retail space, 700 residential units, and significant open space.

Charleston, S.C. -- PeopleMatter, a talent management solution provider for the service industry, said that Apple Sauce, LLC, a major franchisee in the Applebee’s system, has selected the the PeopleMatter Platform for talent management to find, develop and manage talent. The solution will be used for more than 78 Applebee’s locations in Indiana, Ohio, Illinois and Florida.

Gaylord, Mich. -- Birmingham, Mich.-based commercial real estate development firm Robert B. Aikens & Associates LLC announced Wednesday that it has acquired the Pine Ridge Square center, located in Gaylord, Mich.

At 189,000 sq. ft., Pine Ridge Square is home to Big Lots, Dunham’s, Bath & Body Works, GNC and Payless Shoe Source. The center currently has 30,000 sq. ft. available for lease.