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 Properties (GGP).
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 fun atmosphere.
"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.