CBL Properties to Close Its Properties on Thanksgiving Day for the Fifth Consecutive Year

Company Release - 8/4/2020

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced that its portfolio of market-dominant regional shopping centers will remain closed on Thanksgiving Day for the fifth consecutive year.

“We are proud to continue our tradition of closing our centers on Thanksgiving,” said Stephen Lebovitz, chief executive officer. “Given the challenges of 2020, it’s more important to us than ever to ensure our employees and customers have the opportunity to enjoy the Thanksgiving holiday with family and friends. We look forward to welcoming customers back to our properties on Black Friday and throughout the rest of the holiday weekend.”

Lebovitz added, “As we prepare for the upcoming holiday season, the health and safety of our customers and employees remains a top priority. We will continue to take proper action to ensure that employees and visitors to CBL properties feel comfortable and safe.”

Department stores, restaurants, and retailers with exterior mall entrances will have the option to open on Thanksgiving Day. However, access to mall common areas will be restricted until the mall opens on Friday. View the list of CBL properties that will remain closed on Thanksgiving.

Hours for the holiday season will be announced as plans are finalized.

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 108 properties totaling 68.2 million square feet across 26 states, including 68 high‑quality enclosed, outlet and open-air retail centers and nine properties managed for third parties. CBL continuously seeks to strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

Investor Contact: Katie Reinsmidt, EVP & Chief Investment Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com
Media Contact: Stacey Keating, Sr. Director of Public Relations & Corporate Communications, 423.490.8361, Stacey.Keating@cblproperties.com

Source: CBL Properties