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New Fundraising Program

NEWS RELEASE                                   FOR INFORMATION CONTACT:   Glimcher Realty Trust       150 East Gay Street                                      Columbus, Ohio 43215      www.glimcher.com                                         Jaime Bloss Marketing Director (606) 325.9570 jbloss@glimcher.com

 

 

FOR IMMEDIATE RELEASE

 

ASHLAND TOWN CENTER ANNOUNCES NEW FUNDRAISING PROGRAM FOR COMMUNITY ORGANIZATIONS

Free program yields 100% proceeds for non-profit groups

 

 

ASHLAND, KY (April 11, 2007) – Ashland Town Center has announced the launch of a new program to help area non-profit, community, school and civic organizations in their fundraising efforts.

 

The new program, “License to Shop,” features a card and brochure that provide one-time discounts at twenty-six participating mall retailers and restaurants. Non-profit groups can sell the card/brochure sets for $5 each, and are able to keep 100% of the proceeds.

 

“License to Shop will serve as Ashland Town Center’s year-round effort to help local charities and non-profit organizations raise money throughout the community,” said Jaime Bloss, Marketing Director for Ashland Town Center.

 

The new program complements the seasonal fund-raising programs already offered by the mall that will remain in place, including Tools for Your School in early fall and Magical Night of Giving, the mall´s highly successful annual kickoff to the holiday season.

 

Bloss added that the mall staff is particularly excited about the benefits that surround the program. “Customers help their favorite organizations and see their $5 investment pay for itself through the incredible values very quickly. The non-profit groups benefit because, unlike traditional candy bar, wrapping paper and other fundraising efforts, today’s consumers are more receptive to making donations for which they see immediate and ongoing returns. And, rather than keeping just a portion of the sales, the non-profit organizations keep 100% of the proceeds. New retailers benefit, too, because we’ve included an on-line component to the program in which they can participate, even if they open their doors later in the year. So the program is always current. Ordinary coupon book programs cannot accommodate that.”

 

This year’s License to Shop offers are good through December 31, 2007. Organizations interested in learning more about how they can get involved with License to Shop are asked to call Ashland Town Center at 606.325.9570 or stop by the mall management office for details.

 

 

About Ashland Town Center

Ashland Town Center is anchored by Belk, Goody’s Family Clothing and JCPenney and is located at 500 Winchester Ave, seven blocks West of the Ashland Bridges.  It features over seventy specialty shops, a food court and a kids soft play area. For more information about any Ashland Town Center store or event, please call 606.324.1100 or visit www.ashlandtowncenter.com. Ashland Town Center is open Sunday 12 pm to 6 pm and Monday – Saturday 10 am to 9 pm. Ashland Town Center is owned and managed by Glimcher Realty Trust of Columbus, Ohio.

 

 

About Glimcher

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of regional and super-regional malls.

 

Glimcher Realty Trust´s common shares are listed on the New York Stock Exchange under the symbol "GRT." Glimcher Realty Trust´s Series F and Series G preferred shares are listed on the New York Stock Exchange under the symbols "GRT.F" and "GRT.G," respectively.  Glimcher Realty Trust is a component of the Russell 2000 Index, representing small cap stocks, and the Russell 3000 Index, representing the broader market.

 

Visit Glimcher at: www.glimcher.com

 

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Contact:
Jaime Bloss
Ashland Town Center
606.325.9570
jbloss@glimcher.com