Department Store

New York City -- Cushman & Wakefield announced that Anthropologie will replace the Lowes movie theater on the northwest corner of Third Avenue and 71st Street, in Manhattan.

The theater, which had occupied the space for 50 years, closed at the end of 2010.

The apparel retailer, which has three other locations in New York City (50 Rockefeller Plaza, 85 Fifth Avenue and 375 West Broadway) will occupy approximately 15,000 sq. ft., combining the ground floor and lower level.

As part of our ongoing coverage of RECon, the annual retail real estate convention conducted by the International Council of Shopping Centers and held May 22-25 in Las Vegas, Chain Store Age talked with Andy Graiser, co-president of DJM Realty, a Gordon Brothers Group company, based in Melville, N.Y., about his key takeaways from RECon 2011.

Now that RECon 2011 has drawn to a close and we are all settling back into our daily work routines, what are your key takeaways from this year’s show?

SAN FRANCISCO — Gap Inc. announced that Diane von Furstenberg will design a collection for the GapKids and babyGap brands. The collection is expected to be available for purchase to customers in March 2012 through GapKids and babyGap stores in almost 30 countries including United States, Canada, United Kingdom, Italy, France, China, Japan and Australia as well as online in 75 countries.

New York City -- The U.S. shopping-center industry grew to approximately 108,000 centers in 2010, according to the latest statistics from CoStar Group. The data, compiled on behalf of the International Council of Shopping Centers (ICSC), marked the slowest U.S. industry growth (+0.2% or 259 centers) on record since at least 1971 for which consistent data exist.

New York City -- Centro Properties Group said Wednesday that Tuesday Morning stores have recently opened in Centro shopping centers in Pennsylvania and Virginia.

The retailer opened a 10,440-sq.-ft. store at New Britain Village Square, located in Chalfont, Pa., and a 17,089-sq.-ft. store at Jefferson Green, located in Newport News, Va.

The number of planned store closures at Talbot’s was bumped to 110 units recently when the company reported disappointing first-quarter results and indicated most of the underperforming units would close during the second half of the year.

By Lindsey Lanzisero, [email protected] and Craig Rowley, [email protected]

New York City -- Loehmann's Holdings announced  that Steven M. Newman has been appointed CEO.

Newman, who will also be a member of Loehmann's board of directors, will join the company in the second week of June. He assumes the CEO role from interim CEO Joe Melvin who will remain as COO of the company.