Southfield, Mich.

Canton, Mass.-based Casual Male Retail Group Inc. (CMRG) has officially opened its new Destination XL (DXL) concept store, a new men's superstore concept catering to the bigger and taller man, in Las Vegas. DXL is an all-inclusive concept that offers a wide range of clothing, shoes and products under one roof from CMRG's four existing apparel businesses. Currently with three other locations in Schaumburg, Ill., Houston and Memphis, Tenn., DXL offers a collection of good, better and best products merchandised by lifestyle, with a focus on servicing the "end-of-the-rack" department store shopper. The DXL store is also designed to

When cutting tools manufacturer Kennametal Inc. sold off its J&L Industrial Supply catalog division to maintenance, repair and operations (MRO) supplies cataloger MSC Industrial Direct Co. in a deal that closed June 8 for a cool $349.5 million, the seller said it would recognize an estimated $215 million to $225 million pre-tax gain in its fourth fiscal quarter ended June 30. These are striking figures, considering that as recently as five years ago, most people — both within Kennametal and on the outside — would've laughed at the idea that J&L could