Company Website:
http://www.gigglesnhugs.com
LOS ANGELES -- (Business Wire)
Giggles N’ Hugs, Inc. (“Giggles N’ Hugs”) (OTCQB:GIGL) is pleased today
to announce the expansion of its kid-themed restaurants to include a new
location at the Westfield Topanga Shopping Center in the San Fernando
Valley.
The company’s wholly-owned subsidiary, GNH Topanga, Inc., has signed a
10-year commercial lease for 5,900 square feet of space at Westfield
Topanga for what will be a new addition to Giggles N’ Hugs’ current
restaurant location at the Westfield Century City mall.
“We are very excited to expand to our newest location in the Westfield
Topanga mall,” said Joey Parsi, Chairman and CEO of Giggles N’ Hugs.
“Many of our customers have expressed hopes for a new location in the
San Fernando Valley, which we expect to be open for business this
summer. We are thrilled to be able to provide one of the most fun and
exciting children’s restaurant and playspace concepts in the industry.
We hope this will be one of many more locations to come throughout the
country. As one of the largest mall owners in the world, Westfield
offers us many ideal potential locations in the US and abroad.”
About Giggles N’ Hugs:
Giggles N’ Hugs owns and operates children’s themed restaurants with
built-in play areas filled with a variety of toys, bikes, cars, slides,
doll houses and video games. The restaurant also features daily live
entertainment and shows. The restaurant design is intended to create a
fun, casual, family atmosphere where children 10 and under can interact
with parents and each other and where everyone enjoys freshly prepared,
organic, nutritious and reasonably priced meals. www.gigglesnhugs.com
Forward-Looking Statement: Statements such as “We expect to be open for
business this summer” and “We hope this will be one of many more
locations to come throughout the country” involve risks and
uncertainties, including, but not limited to the ability to open the new
location, fulfill the terms and obligations of the lease, and any other
difficulties related to risks and effects of legal and administrative
proceedings and governmental regulation, future financial and
operational results, competition, general economic conditions, and the
ability to manage and continue growth.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual outcomes may vary
materially from those indicated. Important factors that could cause
actual results to differ materially from the forward-looking statements
we make in this news release include market conditions and those set
forth in reports or documents we file from time to time with the SEC. We
undertake no obligation to revise or update such statements to reflect
current events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
Contacts:
Giggles N' Hugs, Inc.
Joey Parsi, 310-553-Hugs (4847)
www.gigglesnhugs.com
Source: Giggles N' Hugs, Inc.
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