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Wal-Mart shoppers under more pressure
New York City -- Wal-Mart Stores CEO Mike Duke said rising gas prices are hurting the chain’s main customers, who are having an even harder time stretching their dollars to the next payday than they did a year ago.
"There's no doubt that rising fuel prices are having an impact on our customers," said Duke at an event that was part of The Wall Street Journal's executive breakfast series, according to the Associated Press. "There's more pressure."
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Citi Trends to open at City Line Plaza
Moline, Ill. -- Oakbrook Terrace, Ill.-based Mid-America Asset Management announced that Citi Trends is entering Moline, Ill., with a lease for 10,137 sq. ft. at City Line Plaza.
The new store is slated to open in June.
The 112,849-sq.-ft. City Line Plaza is anchored by Jewel/Osco and Family Dollar, with other tenants including Papa Johns, Hallmark and Rent-A-Center.