Department Store

SAN FRANCISCO — Gap Inc.appears to be on the upswing, reporting positive same-store sales across all of its divisions for both the third quarter and October. 

Net sales for the third quarter increased 8% to $3.86 billion compared with $3.59 billion for the third quarter last year. The company’s third quarter comparable sales were up 65 compared with a 5% decrease in the third quarter last year.

Jacksonville, Fla. -- Body Central Corp. reported Friday that net income for the third quarter was $153,000, compared with $2.8 million in the year-ago period.

Sales inched up 1.2% to $67.9 million, boosted by 7 new stores that opened during the period.

New York -- Hurricane Sandy is likely to result in shipping delays and an increase in third-party carrier rates due to fuel shortages, according to Chris Merritt, VP/GM, retail supply chain solutions for Ryder.

"While most retailers should have enough inventory for their regular replenishment items, we expect to see out-of-stock situations up and down the East Coast for promotional items retailers have ordered and advertised for Black Friday," Merritt said.

Appliance and consumer electronics retailer HH Gregg, reported second quarter result on Friday that weren't as bad as expected.

Centerville, Ga. -- Jones Lang LaSalle announced that Gemini Real Estate Advisors has awarded the firm the leasing and management of Houston County Galleria, a 483,893-sq.-ft. regional shopping center located in Centerville, Ga., and anchored by Belk, J.C. Penney and Sears.

Jana Reeves will continue on as the center’s general manager, said Jones Lang LaSalle.
 

New York -- Winick Realty Group said that discount chain Deal$ has signed a lease for 10,624 sq. ft. at 301 West 145th St., located on the southeast corner of Frederick Douglass Boulevard.

The store, which is scheduled to open in spring 2013, sits at the base of The Langston Condominium, a sold-out, 179-unit luxury residential building that already houses retail tenants such as Bank of America, Starbucks and New York Sport Club.

Deal$ is an affiliate of Dollar Tree Stores.

New York -- As the holidays approach and retailers are still recovering from Hurricane Sandy, October same-store sales results showcased consistent strength in the department store category.

Nordstrom led the pack with a 9.8% rise in same-store sales for the month, and Macy’s Inc. had a solid showing as well.

PLANO, Texas — JCPenney has added limited-engagement collections from Lulu by Lulu Guinness, Jenny Packham and Double Happiness Vivienne Tam to its holiday assortment.