The CEO of Stage Stores blamed warm weather and cheap gas prices for a drop in same-store sales over the holidays.
The company said same store decreased 2.5% for the 10-week period ending Jan. 9.
Newport News, Va. -- Inland Real Estate Income Trust announced the acquisition of the approximately 210,000-sq. ft. Marketplace at Tech Center, a newly constructed grocery-anchored power center, in Newport News, Virginia. Mark Cosenza, VP of Inland Real Estate Acquisitions facilitated the purchase of the property on behalf of Inland Income Trust.