CBL Malls to Launch New CBL Select Gift Card
October 01 2009 - 11:29AM
Business Wire
Gift givers who are looking for a versatile, multi-use gift card
backed by American Express will be able to purchase them through
CBL Malls beginning October 1st. The CBL Select Gift Cards will
replace the current CBL Malls Gift Card, which has been offered
since 2004. (Multimedia available:
http://www.cblproperties.com/cbl.nsf/cblselectgiftcard.gif).
“The gift card industry has evolved and gift card providers are
looking for opportunities to differentiate themselves and offer
shoppers convenience and versatility for their gift card purchases.
As a result, CBL & Associates Properties, Inc. will continue
their partnership with American Express and will offer shoppers the
new CBL Select Gift Card,” said Barb Faucette -vice president of
corporate mall marketing for CBL & Associates Management,
Inc.
Previously, CBL Malls Gift Cards were only redeemable at
retailers and restaurants that were located at a CBL property and
that accepted American Express. The new CBL Select Gift Card will
be redeemable at any location that accepts American Express. In
addition, the new CBL Select Gift Card will not have any monthly
service fees deducted over the life of the card – a first for this
type of program. “It’s important to listen to your guests and to
adapt accordingly to their buying needs. The ability to do so is
what sustains longevity and economic growth during increasingly
competitive times. CBL believes this new CBL Select Gift Card will
provide shoppers more convenience and more shopping choices,”
explained Faucette.
About American
Express
American Express Company is a diversified worldwide travel,
network and financial services provider founded in 1850. It is a
leader in charge and credit cards, Travelers Cheques, travel,
financial planning, investment products, insurance and
international banking. For more information, visit
americanexpress.com.
About CBL & Associates
Properties, Inc. (NYSE: CBL)
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 161 properties, including 89 regional
malls/open-air centers. The properties are located in 27 states and
total 86.8 million square feet including 2.7 million square feet of
non-owned shopping centers managed for third parties. CBL currently
has three projects under construction totaling 1.8 million square
feet including Settlers Ridge in Pittsburgh, PA; The Pavilion at
Port Orange in Port Orange, FL; and The Promenade in D’Iberville
(Biloxi/Gulfport), MS. Headquartered in Chattanooga, TN, CBL has
regional offices in Boston (Waltham), MA, Dallas, TX, and St.
Louis, MO. Additional information can be found at
cblproperties.com.
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