Gift Giving That Gives Back to Education: Macerich Holiday Shopping Fundraiser Fulfills School Wish Lists
December 01 2005 - 11:47AM
PR Newswire (US)
Shopping Centers Host Friends & Family Discount Shopping Day
Benefiting Educational Programs Nationwide SANTA MONICA, Calif.,
Dec. 1 /PRNewswire-FirstCall/ -- Shoppers are bringing holiday
cheer to educational programs across the country with their support
of The Macerich Company's (NYSE:MAC) Friends & Family Discount
Shopping Day fundraiser hosted at nearly 60 regional malls on
Sunday, Dec. 4. Educational groups are selling $10 tickets to the
one-day shopping event -- raising an estimated $800,000 for
programs during times of budget cuts in many states. A ticket
provides shoppers exclusive savings on everything from fashion to
toys and electronics at each center's participating retailers --
just in time for holiday shopping. The Friends & Family
fundraiser, part of The Macerich Company's year-round Teachers
Supply Closet program, is helping to make the season bright for
hundreds of participating K-12 and collegiate organizations -- from
school bands to sports teams, student council, academic clubs and
PTA -- that keep 100 percent of proceeds from ticket sales.
Shoppers can show their Friends & Family tickets at the
register on Dec. 4 to redeem exclusive discounts and special offers
at participating retailers such as Build-A-Bear Workshop(R) and
Select Comfort at many centers. School groups benefiting from the
program will be selling tickets as well as performing holiday
concerts and events at many of the malls on Dec. 4. The Macerich
Company points out that educational cutbacks remain a challenge for
school districts across the country, and as budgets are squeezed,
educational programs continue to feel the pinch. "Our research
determined that educational cutbacks are a top concern among
communities. Teachers Supply Closet programs provide a platform for
our centers and their patrons to take action on supporting teachers
and education," explains Susan Valentine, senior vice president of
marketing for Macerich. "On Friends & Family Discount Shopping
Day, consumers can ring up savings on their holiday purchases while
helping educational programs to fulfill their own wish lists
through ticket sales." The program comes during the season of
charitable giving for many Americans. Macerich's Shopping in
America Holiday 2005 consumer survey found that 52 percent of
shoppers plan to donate to a charity this holiday season. "Friends
& Family offers a convenient way for communities to join
together in the spirit of giving to support local education,"
continues Valentine. "By purchasing an event ticket, buying a new
pair of gloves for your mother, aunt or sister may help to purchase
new baseball gloves for local junior high or high school sports
teams." About Teachers Supply Closet The Friends & Family
Discount Shopping Day is part of the year-round Teachers Supply
Closet program hosted by Macerich centers nationwide to help
support education and to offset teachers' personal expenses for
classroom supplies and related materials. The program offers
numerous opportunities for community involvement in supporting
local teachers and educational programs. Visit
http://www.wemakegoodthingshappen.com/ for more information on
Teachers Supply Closet and participating Friends & Family malls
and retailers. About The Macerich Company The Macerich Company is a
fully integrated self-managed and self- administered real estate
investment trust, which focuses on the acquisition, leasing,
management, development and redevelopment of regional malls
throughout the United States. The Company is the sole general
partner and owns an 82% ownership interest in The Macerich
Partnership, L.P. Macerich owns approximately 79 million square
feet of gross leaseable area consisting primarily of interests in
75 regional malls. Additional information about The Macerich
Company can be obtained from the Company's web site at
http://www.macerich.com/ . DATASOURCE: The Macerich Company
CONTACT: Colleen Matthews or Tresa Hardt, +1-972-788-4511, or , for
The Macerich Company Web site: http://www.macerich.com/
http://www.wemakegoodthingshappen.com/
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