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PREIT's Philadelphia Portfolio Hosting Holiday Season Festivities and Shopping

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PREIT (NYSE: PEI) is set to enhance the holiday season for Philadelphia communities by hosting festive events at multiple malls, including Willow Grove Park Mall and Springfield Mall. Weekend activities include family photos with Santa, Black Friday giveaways, and the 'Kringle Mingle' event. The malls will also feature extended hours and special promotions. In collaboration with 'Cards For Hospitalized Kids,' PREIT aims to spread joy through various initiatives during this festive period. The announcement emphasizes community engagement and encourages early shopping to ensure product availability.

Positive
  • Engaging holiday events planned across multiple malls in Philadelphia, attracting community participation.
  • Collaboration with 'Cards For Hospitalized Kids' to spread joy to children.
  • Increased foot traffic expected from festive promotions and extended shopping hours.
Negative
  • None.

Starting this month, the community will be invited to enjoy holiday entertainment every weekend!

PHILADELPHIA, Nov. 2, 2022 /PRNewswire/ -- PREIT (NYSE: PEI) is making it a season to remember for Philadelphia and its suburbs. Come out and celebrate at Willow Grove Park Mall, Springfield Mall, Plymouth Meeting Mall, Exton Square, Cherry Hill Mall, and Moorestown Mall with special festivities including family photos with Santa, Black Friday giveaways, "Kringle Mingle", and other seasonal events. Food, drink, and gift wrapping stations benefiting nonprofits in the community will also be available.

"We're looking forward to kicking off the holiday season with the Philadelphia community," said Lisa Pellicciotta, Senior Director, Consumer Marketing at PREIT. "The next couple of weeks will offer something special for all ages to get in the holiday spirit. Our Philly malls are the perfect locations to celebrate and shop for your gift list with unbeatable deals and events."

We encourage our shoppers to shop early to ensure product availability and to exercise consideration to retail workers throughout the season. Our retailers and restaurants are eager to welcome shoppers find the perfect gifts and provide quality experiences with loved ones.

Photos with Santa

Santa will return to his seat this season to listen to every child's holiday wish. In November, each mall will give away 1-3 Santa Photo Packages as part of this year's giveaway frenzy.

Pets are again welcome to visit with Santa this year on Mondays. Feathered, whiskered and hooved pets are all welcome, as long as they are kept on a leash or in a crate at all times.

Each mall will be welcoming Santa with a PJ party! Families are encouraged to wear their holiday pjs and enjoy holiday entertainment and activities with Santa.

Santa's Arrival Schedule

Cherry Hill Mall: 11/5 from 10 AM-12 PM
Willow Grove Park Mall: 11/12 from 10 AM-12 PM
Springfield Mall: 11/12 from 10 AM-12 PM
Moorestown Mall: 11/12 from 10 AM-12 PM
Exton Square: 11/19 from 10 AM-12 PM
Plymouth Meeting Mall: 11/19 from 10 AM-12 PM

This year, PREIT's entire portfolio is partnering with the national nonprofit Cards For Hospitalized Kids to spread joy to kids across America. A card-making station will be set up with pre-made cards near the Santa photo line to help entertain children while they wait to see the jolly man.

Kringle Mingle

Join us for our "Kringle Mingle" event where shoppers will be encouraged to come dressed as Santa to receive access to holiday freebies. We partnered with our restaurants to provide free drink coupons for the whole family and we will be providing free "sleigh it" bags filled with retailer coupons, giftcards, and a chance to win a grand prize!

Kringle Mingle Event Schedule

Exton Square: 12/1 from 5 PM-7 PM
Cherry Hill Mall: 12/1 from 6 PM-8 PM
Willow Grove Park Mall: 12/1 from 6 PM-8 PM
Moorestown Mall: 12/1 from 6 PM-8 PM
Springfield Mall: 12/9 from 5 PM-7 PM
Plymouth Meeting Mall: 12/9 from 6 PM-8 PM

Black Friday Information

All four malls will be closed on Thanksgiving Day to allow retail employees to enjoy the holiday with their families. The malls will reopen at 7 a.m. so guests can enjoy the traditional early start to the holiday shopping weekend.

Extended Hours

The malls will offer extended hours this holiday season for added convenience. To avoid the crowds, shop Monday through Thursday when traffic is at a lighter pace.

Visit the malls' websites for a full list of in-store deals and various store hours:

https://www.willowgroveparkmall.com/ 
https://shopspringfieldmall.com/ 
https://shopplymouthmeetingmall.com/
https://www.extonsquare.com/
https://cherryhillmall.com/ 
https://www.moorestown-mall.com/ 

PREIT appreciates shoppers' cooperation and understanding as several retailers and restaurants enter the busiest time of the year short staffed. Those looking for seasonal employment to earn extra holiday cash are encouraged to visit each mall's website to view a list of positions available.

Face masks are suggested as recommended by the CDC, but they are not required to enter the property.

About PREIT:

PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages innovative properties at the forefront of shaping consumer experiences through the built environment. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in densely-populated, high barrier-to-entry markets with tremendous opportunity to create vibrant multi-use destinations. Additional information is available at www.preit.com or on Twitter or LinkedIn.

Contact: Britni Ackrivo
Gregory FCA
backrivo@gregoryfca.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/preits-philadelphia-portfolio-hosting-holiday-season-festivities-and-shopping-301665967.html

SOURCE PREIT

FAQ

What holiday events are being hosted by PREIT's malls in Philadelphia this season?

PREIT is hosting a variety of holiday events, including family photos with Santa, Black Friday giveaways, and the 'Kringle Mingle' event at its malls.

When will Santa be available for photos at PREIT's malls?

Santa will be available for photos starting November 5 at Cherry Hill Mall, with additional dates at other malls throughout November.

What is the significance of the 'Kringle Mingle' event at PREIT's malls?

The 'Kringle Mingle' event encourages shoppers to dress as Santa for access to holiday freebies, including coupons and gift cards.

Are PREIT's malls open on Thanksgiving Day?

No, PREIT's malls will be closed on Thanksgiving Day to allow retail employees to celebrate the holiday.

What initiatives is PREIT implementing for community engagement this holiday season?

PREIT is partnering with 'Cards For Hospitalized Kids' to set up a card-making station and engage shoppers in community-focused activities.

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