Casual

New York -- Casual Male is shifting its focus to its Destination XL (DXL) format. By the end of 2015, the company expects to have closed all 400 Casual Male stores and have 225 to 250 DXL units, according to Women’s Wear Daily.

The DXL stores feature a wide array of merchandise, including both private label and name brands, and price points that range from the lower-end to the more upscale. By the end of 2012, the company expects to have 51 DXL stores in operation, the report said.

Brisbane, Calif. -- Women's apparel retailer Bebe stores Inc. said Emilia Fabricant, president, has resigned from the company for personal reasons.

Her duties have been taken over by chairman and CEO Manny Mashouf and Renee Bell, the company's head of merchandising. Fabricant joined the company in August 2010.

The company runs 246 stores under the Bebe and 2b Bebe names.
 

San Francisco -- Gap Inc. reported Thursday that net income for the quarter ended July 28 surged 29% to $243 million, prompting the retailer to raise its guidance for full-year 2012.

Sales increased 6% to $3.58 billion, compared with $3.39 billion for the second quarter last year. Same-store sales rose 4%.

“Our continued focus on product and store execution are helping to drive positive momentum and we’re committed to sustaining solid performance for the remainder of the year,”said Glenn Murphy, chairman and CEO.

Casual Male accelerated the rollout of its DestinationXL format.

Canton, Mass. -- Casual Male Retail Group said Friday that second-quarter profit dropped to $1.2 million, from $6.6 million in the year-ago period. Total sales were flat at $100.5 million, and same-store sales edged up 2%.

However, continuing strength from the DestinationXL stores vs. the Casual Male XL locations is prompting the company to focus on growing the former.

New York -- Body Central announced Friday that Thomas W. Stoltz has been promoted to COO and named interim CEO.

Stoltz has served as the company's executive VP and CFO since September 2011 and replaces B. Allen Weinstein, the company's former CEO who retired effective Aug. 16.

Stoltz will also continue to serve as Body Central's CFO.

Indianapolis -- The Finish Line announced Wednesday it has named Greg Beidler as senior VP store operations for the chain.

Beidler was previously regional operations director for Sam’s Club/Wal-Mart Corp., and has served in management roles for GameStop, Brown Shoe, Circuit City and Athlete’s Foot.

Moorestown, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Crazy 8 will open its Moorestown Mall property, located in Moorestown, N.J.

The 2,505-sq.-ft. store is slated to open this fall in the 1 million-sq.-ft. enclosed regional mall anchored by Macy’s, Lord & Taylor, Sears and Boscov’s.