Department Store

Virginia Beach, Va. -- Divaris Real Estate said that the company completed eight lease transactions totaling more than 81,000 sq. ft. of retail space in central Virginia.

Children’s Museum of Richmond leased 26,060 sq. ft. of retail space in the Divaris-leased Winterpock Crossing Shopping Center, located in Midlothian, Va.

K&G Menswear signed a lease for 22,888 sq. ft. of retail space in White Oak Village, located in Richmond and owned by Forest City Commercial Group.

Omaha, Neb. -- Midwestern department store retailer Gordmans said that it has named Roger Glenn as senior VP human resources.

Glenn joins Gordmans from Safeway, where he served as group VP for human resources and handled recruitment, employee relations, human resources planning and diversity.

New York -- As part of its landmark, multi-year, $400 million dollar renovation of Macy’s Herald Square, the department store retailer debuts the Herald Square Café this week.

Located on the second floor with the shoe department, the 1,434-sq.-ft., 45,-seat café will serve Starbucks coffees, chocolates and high-end champagnes.

Seattle -- Nordstrom said Tuesday it will open two new full-line stores – one in Jacksonville, Fla., and the other in Woodlands, Texas.
 
The Florida store will open at St. Johns Town Center, a Simon Property and Ben Carter-owned shopping center. The 124,000-sq.-ft. store will be two levels and is expected to open in fall 2014.

Delray Beach, Fla. -- Indianapolis-based Kite Realty Group said that Francesca’s Collections has leased 1,200 sq. ft. at Delray Marketplace, located in Delray Beach, Fla. 

The center will open November 2012 and will be anchored by Publix and Franks Theatre/Imax. The 264,823-sq.-ft. Delray Marketplace is owned by KRG Atlantic Delray Beach, LLC. Other tenants include ROC, White House | Black Market, Apricot Lane, Bobby Chan, Jos. A. Banks, Charming Charlie and Chico’s.

By Kathy Gersch, [email protected]

Bensalem, Pa. -- SB Capital Group, Tiger Capital Group and Great American Group jointly announced Tuesday that, in tandem, they will begin to sell off all of the inventory in the 568 Fashion Bug stores in the United States.

The Charming Shoppes unit will be divested and fully closed.

As part of the process, Fashion Bug has retained more than 5,900 store and district personnel to assist in operating the stores through the completion of the sale process.
 

TOPEKA, Kan. — Collective Brands reported net earnings of $9.7 million, or 16 cents per share, for its second quarter compared with a loss of $35 million, or 58 cents per share, in the second quarter of 2011.

Net sales increased 0.4% to $886 million, driven by a 2.9% comparable-store sales ncrease and sales growth of 6.1% in the Performance + Lifestyle Group  Wholesale segment, offset in part by operating 375 fewer stores.