Upscale Family Restaurant, Giggles n' Hugs Expands With New Location at
The Kid-Themed Restaurant Signs a Ten-Year Commercial Lease with Scheduled
Opening During the Fall of 2013
Los Angeles, May 29, 2013 (GLOBE NEWSWIRE) -- LOS ANGELES, Calif., - (May 29,
2013) - Giggles N' Hugs, Inc. (OTCQB: GIGL) expands its kid-themed restaurant
to include a new location at the Glendale Galleria in Glendale, California.
The 6,000-square-foot upscale family restaurant and play space is scheduled to
open fall of 2013. The company's solely-owned subsidiary, GNH CC, Inc., has
signed a ten-year commercial lease with one of Southern California's most
prominent shopping centers. Glendale Galleria is owned by General Growth
Giggles N' Hugs is the pioneer and only restaurant that brings together
high-end, organic food with the play elements and entertainment for children.
Giggles N' Hugs offers a safe, comfortable and family-friendly atmosphere with
a play area dedicated to children ages ten and younger. The restaurant has a
high-quality menu made from fresh, organic foods that are enjoyed by both
children and adults. With nightly entertainment such as magic shows, concerts,
puppet shows, face painting and arts and crafts, Giggles N' Hugs has become
the number one destination for families wanting healthy food in a casual and
"We are very excited to expand to our newest location in the Glendale Galleria
in partnership with GGP," said Joey Parsi, Chairman and CEO of Giggles N'
Hugs. "We believe this lease will be the first of many new locations with
them. Our goal is and has been to expand this concept to as many locations
throughout the country as we can," he added. "We believe that everyone needs
some Giggles N' Hugs and with this newest location, we are confident that we
are on the right path."
Parsi and his wife, Dorsa founded Giggles N' Hugs in 2007 after what they
describe as a "void in the marketplace" for restaurants that encourage
children to be themselves and play while parents can enjoy a quality meal in a
casual setting, without having made to feel uncomfortable as is often the case
when dining out with young children.
In addition to its family-friendly vibe, Giggles N' Hugs is also known for its
own creation, Mom's Tricky Treat Sauce which hides pureed vegetables in kids'
favorite meals such as pizza, pastas and macaroni and cheese.
Giggles N' Hugs plans to extend the quality experience of its differentiated
concept into on-brand products that can be sold within physical locations and
through outside retail partners. The items will include branded children's
clothing, frozen foods (with Mom's Tricky Treat Sauce), coloring books, toys
and other children-related products.
Giggles N' Hugs has become a "hot spot" for all parents including Hollywood
celebrities such as Adam Sandler, Mark Wahlberg, Halle Berry, Nicole Kidman,
Jennifer Garner and Ben Affleck, among others. They have also been featured in
many news and entertainment publications such as Bloomberg Businessweek,
Forbes, People Magazine, US Magazine, the New York Post and others.
Scheduled to open its newest location before the holidays at the Glendale
Galleria, Giggles N' Hugs is expected to perform as strong as, if not better,
than the other locations in its portfolio.
About Giggles N' HugsGiggles N' Hugs, Inc. (OTCQB: GIGL) is an upscale, family
restaurant and play space where play time, healthy food and happy parents
converge. The restaurant is designed to create a fun, casual, family
atmosphere where children ten and under can interact with their parents and
each other while enjoying freshly prepared, organic, nutritious and
reasonably-priced food. Giggles N' Hugs also features daily live entertainment
and shows. Headquartered in Los Angeles, CA, Giggles N' Hugs operates two
restaurants in Century City, CA and Canoga Park, CA and is opening their third
location in the Glendale Galleria Shopping Center in Glendale, CA. For more
information, please visit www.gigglesnhugs.com.
About Glendale Galleria
Glendale Galleria is owned and managed by General Growth Properties, Inc. a
fully integrated, self-managed and self-administered real estate investment
trust (REIT) focused on owning, managing, leasing and redeveloping regional
malls throughout the United States and Brazil. The Company currently owns, or
has an interest in, 150 regional shopping malls comprising approximately 141.7
million square feet of gross leasable area. The Company is headquartered in
Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP. For
further information please visit www.GGP.com or www.glendalegalleria.com.
CONTACT: Joey Parsi
Giggles N Hugs
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