Retail

El Segundo, Calif. -- Big 5 Sporting Goods reported that its second-quarter profit more than doubled from a year ago on higher sales and expanding margins, but its revenue fell short of expectations.

The sporting goods’ retailer said its net income increased to $6.1 million for the period ended June 30, up from $2.6 million in the year ago period. Net sales climbed 5.9%, to $239.9 million, below the $244 million expected by analysts.

Austin, Texas -- Whole Foods Market reported that its net income in the third quarter increased 21% to $142 million, better than analysts had expected. The company also sounded a bullish note about expansion.

Walter Robb, co-CEO, Whole Foods, said the company continues to gain market share and still sees the potential for 1,000 stores in the United States alone. It currently operates 355 U.S. locations.

New York — Kite Realty Group has leased a 4,053-sq.-ft. space to Core Mind and Body at Rangeline Crossing in Carmel, Ind.

Kite represented the landlord KRG Centre, and the tenant represented itself.

New York -- Fast casual Burger 21 has opened franchised stores in the Atlanta suburb of Buford, Ga., and Charlotte, N.C.

The company plans to open 15 to 20 more franchised units in Atlanta plus another 10 franchised restaurants in Charlotte over the next few years.

Peoria, Ill. — Bar Louie Restaurant & Bar has signed for 6,500 sq. ft. at Streets of St. Charles in St. Charles, Mo., according to developer, manager and owner Cullinan Properties. Bar Louie will move into its first floor Phase II space next spring.

Construction of the development’s 400,000-sq.-ft. Phase II will finish up this fall. Phase II will house the retail and entertainment portions of the project as well as additional residential space to complement Phase I.

Is there an archetypal Las Vegas shopping center? How about Miracle Mile Shops at Planet Hollywood Resort & Casino in Las Vegas?

“A Las Vegas shopping center should feature a range of shopping, entertainment and dining options that appeal to the wide audience the city attracts,” said David Edelstein, co-owner of Miracle Mile Shops.

“The stores should stay open late and bars and restaurants even later,” he continued. “Always keep an eye on trends and what shoppers are responding to.”

Boston -- Japanese retailer Yummie House is piloting a new mobile rewards solution at 10 stores in Shanghai, China. Yummie House is using a joint application from Appconomy and ByteLight that combines the cloud-based Appconomy Platform mobile marketing platform solution with ByteLight light field communication (LFC) technology.

Hayward, Calif. – Posiflex is unveiling a roadmap of new POS, digital signage and wireless terminals at the RetailNOW conference in Las Vegas next week. The products include the Posiflex HS All-in-One solution, a 10-inch POS touch-screen terminal including a three-inch printer that can be configured to include an MSR, smart card reader, fingerprint sensor and a range of secondary customer displays.