CBL Properties Continues Tradition of Closing Its Properties on Thanksgiving Day

CBL Properties (NYSE:CBL) announced today that their portfolio of market-dominant regional shopping centers will open at 6:00 a.m. on Black Friday, November 23rd, and will be closed on Thanksgiving Day for the third consecutive year.

“Thanksgiving and Black Friday are two great American traditions,” said Stephen Lebovitz, chief executive officer, CBL Properties. “By continuing the practice of closing our centers on Thanksgiving this year, we are ensuring our customers and employees have the opportunity to celebrate to the fullest – spending Thanksgiving with family and friends and then waking up early to spend Black Friday with us. The support that we’ve received over the last two years from our customers and retailers has been overwhelming. It is based on this feedback that we made the decision to close yet again this year.”

“On Black Friday, our properties are full of energy and shoppers seeking the great deals that make Black Friday one of the biggest shopping days of the holiday season. We look forward to creating that festive atmosphere again this year through a variety of Black Friday doorbusters, exclusive deals and events,” added Lebovitz.

Department stores, movie theaters, restaurants, and retailers with exterior mall entrances will have the option to open their stores on Thursday. However, access to mall common areas will be restricted until 6:00 a.m. on Friday. Patrons should check their local center’s website for more specific information.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 114 properties totaling 71.9 million square feet across 27 states, including 73 high-quality enclosed, outlet and open-air retail centers and 12 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

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CBL PropertiesStacey Keating, 423-490-8361Director of Public [e-mail]