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Phillips Edison acquires six grocery-anchored shopping centers
Cincinnati -- Phillips Edison Grocery Center REIT II, Inc. expanded its portfolio in California, Wisconsin and Florida, with the acquisition of six grocery-anchored shopping centers. They include:
Moreno Marketplace in Moreno Valley, California
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Shoppers keep loving what L Brands is selling
L Brands Inc. kept its hot streak alive in October by posting yet another impressive increase in same-store sales.
The specialty retailer reported a 5% increase in same-store sales for the four weeks ended Oct. 31. Net sales also increased to $735.6 million, compared to net sales of $700 million for the four weeks ended Nov. 1, 2014.

