Los Angeles, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Giggles N’ Hugs, Inc. (OTCQB: GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, receives praise from Westfield, one of the largest mall owners and operators in the world and seeks to expand the existing partnership in place by offering the company their entire portfolio of malls for consideration for future locations.
“Based on the performance we have seen from Giggles N’ Hugs, contributing to the overall family foot traffic, making the kids corridor a vibrant part of the mall, as well as helping us turn both Century City and Topanga malls into major family destinations, we know there is more business to do with your Company,” stated Shannon Westmore, VP of Leasing for Westfield.
As part of its global portfolio, Westfield designs, develops, owns, manages and leases award-winning shopping venues in landmark cities around the world. Among the company’s iconic retail destinations are Westfield London, Westfield Stratford City in the U.K., Westfield San Francisco Centre, Westfield Century City where Giggles N Hugs currently has its flagship location , and Westfield Garden State Plaza.
Westfield also develops superior customer experiences in flagship airports across the U.S. by developing cutting-edge environments that capture each city’s distinct style and spirit, integrating food, fashion, entertainment and world-class amenities, and using technology to enhance the passenger journey. Current developments include JFK, LAX, Newark, George Bush Intercontinental, Boston Logan, Orlando, Miami, and Chicago O’Hare airports.
Westmore continued, “Westfield is thrilled to have Giggles N Hugs as a tenant and would like to strengthen our relationship with Giggles N Hugs by having more locations in our shopping centers and airports.”
“This is a major stamp of approval from Westfield, and the fact that they are making available to us their entire worldwide portfolio of malls is a testament to what we bring to the table for them,” stated Joey Parsi, founder and CEO of Giggles N’ Hugs. “With the unbelievable management team we now have in place, and having one of the most unique concepts in the restaurant industry, as well as the deals and opportunities we are getting from Westfield and all the other major mall owners, we are ready to explode onto the national scene first with multiple locations in some of the best properties in the country and ultimately around the world.”
About Giggles N’ Hugs
Giggles N' Hugs is the first and only restaurant that brings together high-end, organic food with active, cutting-edge play and entertainment for children. Every Giggles N' Hugs location offers an upscale, family-friendly atmosphere with a dedicated play area that children 10 and younger absolutely love. We feature high-quality menus made from fresh and local foods, nightly entertainment such as magic shows, concerts, puppet shows and face painting, and hugely popular party packages for families that want to do something special.
Forward Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
Source:Giggles N Hugs INC