CHATTANOOGA, Tenn., 2014-12-5 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL), announced today that Black Friday weekend sales and traffic increased over last year. In addition to traditional retailers seeing an uptick in sales, photo sales and visits with Santa Claus are up over last year as well. National retail organizations and news outlets are predicting this positive trend to be maintained for sales nationwide as retailers continue to offer in-store discounts throughout the holiday season.
“The positive sales reports for the Black Friday Weekend from the CBL portfolio are encouraging,” said Stephen Lebovitz, president and chief executive officer of CBL & Associates Properties, Inc. “CBL Malls across the country are creating an inviting holiday experience. Shoppers will enjoy the exciting promotions and festive events that keep our centers as their favored destination for shopping, dining and entertainment.”
While fantastic sales and significant seasonal discounts entice shoppers to visit malls during the holidays, it’s the festive holiday shopping experience that sets traditional shopping centers apart from their online competitors. From glistening lights, winter greenery, red bows and colorful swags, the look and feel of Christmas abounds. CBL Centers nationwide are filled with holiday sights, sounds and festive décor and of course, Santa is available for photos through Christmas Eve.
About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 148 properties, including 89 regional malls/open-air centers. The properties are located in 30 states and total 84.2 million square feet including 6.5 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.
CBL contact: Dan Summerlin, Director of Corporate Relations, 423.490.8315, dan_summerlin@cblproperties.com