Casual

New York  City -- Fast-fashion retailer H&M will open its largest store to date on Saturday, at the Forum Shops at Caesars, on the Las Vegas Strip.

The three-level, 55,000-sq.-ft. store, which will sell women’s, men’s and children’s clothing, shoes and accessories, is located in a building that formerly housed FAO Schwarz. The toy store, which closed last January, had occupied the space, along with its iconic Trojan horse, since 1997.

Seattle -- Callison has teamed with parent companies Abercrombie & Fitch and Urban Outfitters to internationally expand the Hollister Co./Gilly Hicks and Urban Outfitters/Anthropologie brands, respectively.

Abercrombie & Fitch has retained Callison as its architect of record to implement its expansion for Hollister in the United Kingdom and Germany. A total of five stores have opened under Callison’s direction with approximately 10 more locations planned.

Hampstead, Md. -- Jos. A. Banks posted a profit of $12.6 million during the fiscal 2010 third quarter ended Oct. 30, compared with a profit of $11.7 million in the year age period. It was the 36th quarter out of the past 37 with earnings growth compared with prior year periods.

Revenue increased 7.4% to $173.3 million from $161.3 million a year ago. Same-store sales increased 3% in the quarter.

Both earnings and sales trailed analysts’ estimates.

New York - BCBGMAXAZRIAGROUP, the $1 billion global fashion brand, has launched a new, fast-fashion store concept, Lola, targeted at young women (ages 16 to 26).  The 3,000-sq.-ft. store, has a cool, hip vibe and is designed as an urban studio apartment, complete with fireplace, daybed, spiral staircase,  and closet. Salvaged doors give the storefront a Lower East Side feel.

Philadelphia - Monetate, which tests, targets, and personalizes websites, has renewed its contract with Canton, Mass.-based Casual Male Retail Group.
"Monetate continues to drive incremental revenue for us because of the exceptional testing and targeting features that it provides,” said Ric Della Bernarda, chief marketing officer and senior VP, Casual Male Retail Group. “With Monetate on our websites, we have the ability to deliver relevant and personalized content to all of our visitors, throughout their online shopping experience."

North Miami Beach, Fla. - Boca Raton, Fla.-based Woolbright Development announced two new tenants for Intracoastal Mall, a 234,000-sq.-ft. shopping center in North Miami Beach.

Hiro’s Yakko-San will open a 4,438-sq.-ft. Japanese restaurant in December 2010. And Dollar Tree has leased 10,200 sq. ft. and is slated to open a new store in early 2011.

Intracoastal Mall is anchored by TJ Maxx, Old Navy, Winn Dixie and Sunrise Cinemas.

Boston -- The Gymboree Corp. and Bain Capital Partners, on Tuesday announced the successful completion of the company by affiliates of Bain Capital for $65.40 per share in cash, or approximately $1.8 billion.

As of Oct. 30, Gymboree operated 1,049 retail stores: 636 Gymboree stores (595 in the United States; 37 in Canada, two in Australia, and two in Puerto Rico); 148 Gymboree Outlet stores; 122 Janie and Jack shops; and 143 Crazy  stores in the United States.

New York - Gymboree Corp. said Monday it did not receive any offers that top Bain Capital's $1.8 billion bid for the company and so the buyout will proceed.

The allotted time for Gymboree to receive competing offers expired Friday.

"Despite a broad solicitation of potentially interested parties, the Company did not receive any alternative acquisition proposals during the 'go-shop' period," Gymboree said in a statement.