Mass Merchant

San Francisco -- Gap said its third-quarter net income fell 1% to  $303 million for the period that ended Oct. 30. That compares with $307 million a year earlier.

Revenue rose 2% to $3.65 billion, boosted by increases in online and international sales. Same-store sales were flat.

Nampa, Idaho -- Beachwood, Ohio-based Developers Diversified Realty Corp. said Thursday it has completed construction of the 52,000-sq.-ft. Edwards Nampa Gateway Stadium 12 Theater, now open at the Nampa Gateway Center, a 921,200-sq.-ft. shopping center in Nampa, Idaho.

Philadelphia -- Destination Maternity said its fourth-quarter net income tripled as cost-cutting measures paid off, even as sales in some categories fell.

The company earned almost $4.3 million for the quarter that ended Sept. 30, up from $1.4 million during the same period last year. Revenue rose slightly to $124.3 million, from $123.8 million a year earlier. Same-store sales fell 2.3%.

New York City -- Microsoft on Thursday opened a store in Bellevue, Wash., close to its headquarters in Redmond.

It is the company’s seventh store to date, but more expected, according to the Wall Street Journal. The company expects a “pretty aggressive roll-out schedule” of new stores next year, the report said.

New York City -- AnnTaylor Stores Corp.'s fiscal third-quarter profit rose, aided by better-than-expected sales growth. Net income surged to $24.2 million in the third quarter ended Oct. 30, compared with $2.1 million a year earlier.

Total sales rose 9.3% to $505.3 million, above analysts' expectations of $492.8 million.

Same-store sales increased 11.7% overall, with a 21.9% rise at the Ann Taylor brand and a 4.5% less expensive Loft chain.