Development/Redevelopment

Ankeny, Iowa -- Casey’s General Stores, Inc. reported impressive performance for its fiscal first quarter, with net income up 43% to $55.7 million, from $39 million.

Net revenue increased 10.5% to $2.1 billion, from $1.9 billion. The company credited strong sales in all categories, especially gasoline, with driving its performance.

Cincinnati — Phillips Edison-ARC Shopping Center REIT Inc. www.phillipsedison-arc.com has announced the acquisition of two grocery-anchored shopping centers: Stockbridge Commons in Fort Mill, S.C., a suburb of Charlotte, and Dyer Crossing in Dyer Indiana, about 30 miles south of Chicago.

Anchored by a Harris Teeter grocery store, the 99,473-sq.-ft. Stockbridge Commons is currently 96% leased.

Corte Madera, Calif. -- Restoration Hardware Holdings reported a net loss  of $17.8 million for the second quarter, compared with net income of $17.6 million in the same quarter a year earlier, due to charges linked to stock awards given to chairman and co-CEO Gary Friedman.

Net revenues for the second quarter of fiscal 2013 increased 30% to $382.1 million from $292.9 million last year.

Mason, Ohio -- Pearle Vision will unveil its new store design on Sept. 17 in Legacy Village, Lyndhurst, Ohio. The new Cleveland-area location features a completely remodeled design, which includes everything from a new brand logo and signage to modernized displays and a completely transformed floor plan. The store design is by WD Partners, Columbus, Ohio.

Chicago — Jones Lang LaSalle recently appointed senior VP Larry Kilduff, a 25-year industry veteran, as head of the firm’s Midwest Retail platform, which is based in Chicago. Prior to JLL, Kilduff owned and operated two retail real estate development companies and worked with leading retailers including Wal-Mart, Target, Kmart, Sears, Bon-Ton, Kohl’s and J.C. Penney.

New York— Robert Graham has announced a new lease agreement to open its first New York City store on Bleecker Street this fall. The West Village Bleecker Street fashion corridor houses Burberry, Brunello Cucinelli, Marc Jacobs, rag & bone, and Ralph Lauren.

Robert Graham currently operates six freestanding stores across the country. They are located in Los Angeles, Houston, Las Vegas, Boca Raton, Fla., Long Island, N.Y., and Short Hills, N.J.

Philadelphia — Pennsylvania Real Estate Investment Trust is relocating the award-winning Rizzieri Salon and Spa to Moorestown Mall from its current location in Marlton, N.J. The spa will take over a newly designed 12,000-sq.-ft. space late next year.

The move is part of PREIT’s repositioning effort for the mall. In addition to Rizzieri, the effort has brought in artisan-owned restaurants, a premium movie theater and specialty stores unique to the mall environment.

Prattville, Ala. — Cobbs For Village, a 2.52-acre inline shopping center currently under construction in Prattville, Ala. is adding three tenants to its lineup.

Smashburger, Gigi’s Cupcakes and Chipotle Mexican Grill have signed leases with GBT Realty Corp. and will take up residence when the center opens next spring.

The new tenants join previously announced Starbucks Coffee, Aspen Dental and Firehouse Subs. GBT Realty is currently in lease negotiations for two of the four remaining available spaces.