Department Store

Plano, Texas -- Charlotte, N.C.-based Versona Accessories said it will open a new store on May 24, in Plano, Texas, at Preston Park Village.

The jewelry and accessories retailer is a Cato Corp., concept.
 

Purchase, N.Y. -- National Realty & Development Corp. said it has been chosen to receive the New Jersey Future 2012 Smart Growth Award for the redevelopment of CooperTowne Center in Somerdale, N.J.

The award recognizes the best development or redevelopment projects around the state that embrace sustainable growth and environmental preservation. CooperTowne Center was classified as a greyfields project, one of the first in the state, by the New Jersey Office of Smart Growth.

Country Club Hills, Ill. -- Midwestern shopping center owner/developer Tucker Development announced that Le Club has signed a lease at Country Club Plaza, located in the southern portion of Country Club Hills, Ill.

The woman’s apparel retailer, which operates four locations throughout the Chicago metropolitan area, will occupy a 2,500-sq.-ft. inline space at the 450,000-sq.-ft. center. According to Tucker’s VP leasing Adam Moschin, approximately 5,600 sq. ft. of space remains available for lease.

Indianapolis -- Simon Property Group announced that Saks Fifth Avenue Off 5th will open a total of seven new stores in the next two years in its Premium Outlets division, including new centers and existing centers.

Dallas -- Restaurant chain Seasons 52 said it has selected NorthPark Center for its first location in Dallas. The new Seasons 52 restaurant at NorthPark Center is expected to open this fall.

The restaurant will be located between Neiman Marcus and Dillard's, with entrances from both inside the mall and street side.

Dallas -- Venture Commercial said that LA Fitness has signed a long-term lease to open a 45,000-sq.-ft. facility in Garland, Texas.

The sports club will build a prototype building on the site of the former Mervyn’s building, which is being razed.
 

Little Rock, Ark. -- Dillard’s said Friday that net income for the quarter ended April 28 rose to $95 million, from $76.7 million in the year-ago period, setting a company record for profit increases.

Sales rose to $1.55 billion, from $1.47 billion. Same-store sales climbed 5%, the department store retailer’s seventh consecutive quarter of comp increases.

Dillard’s said it saw its greatest strength in the first quarter from the central region of the United States, followed by the eastern and the western regions.

Omaha, Neb. -- Midwestern discount department store retailer Gordman’s Stores said Friday that profit for the quarter ended April 28 rose 10.6% to $8.1 million, compared with $7.3 million in the year-ago period.

Sales rose 13.8% to $133.9 million, from $117.7 million. Same-store sales climbed 4.7%.

“We are pleased with our overall performance and remain confident in our ability to realize our sales and profit guidance for fiscal 2012," said Jeff Gordman, president and CEO.