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Gymboree Corp. narrows loss in Q2; on track to open 115 stores
San Francisco -- The Gymboree Corp. reported Wednesday a loss of $14.1 million in the second quarter, compared with a loss of $6.9 million for the same period last year.
Sales rose 3.8% to $268.8 million, from $259.0 million last year, and same-store sales dipped 1%.
During fiscal 2012, the company reiterated its plans to open 115 new stores, including 90 locations for its value-priced Crazy 8 concept.
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Payless 'falls' for value with new shoe line
TOPEKA, Kan. — Payless ShoeSource has unveiled its fall Incredible Value Everyday Collection -- a refreshed line with a range of footwear for women, men and children including dress, casuals and athletic styles at prices starting at $10 for kids, $15 for women, and $20 for men.