COLUMBUS, Ohio, May 19 /PRNewswire-FirstCall/ -- Glimcher Realty Trust
(NYSE: GRT) has entered into a three-year agreement with NBO Systems, Inc., to
offer VISA Stored Value Gift Cards at each property in its mall portfolio.
Implementation of the program was complete across all 25 malls in mid-May
Gift Cards offer a better alternative to traditional paper gift
certificates. Card holders are able to register their gift card, offering
protection from theft or loss. In addition, enhanced features enable shoppers
to purchase cards on-line from each mall's website or at www.glimcher.com , or
by phone at 1-877-GIFT-TO-GO (1-877-443-8864). Card holders can also check
their card balance on-line.
Throughout the retail industry, gift cards offer a popular alternative for
gift giving for any occasion. Since cards are redeemable in any store or
restaurant that accepts VISA Debit cards, they offer an unlimited selection of
"We are pleased to offer this enhanced program for our mall shoppers. To
date, this program has been widely accepted and its popularity continues to
grow," said John Hoeller, Senior Vice President-Property Management for
Glimcher. "Gift Cards are an important tool in supporting our retailers' sales
efforts, which is always a top priority for our company."
About the Company
Glimcher Realty Trust, a real estate investment trust, is a recognized
leader in the ownership, management, acquisition and development of enclosed
regional and super-regional malls, and community shopping centers.
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
both the Russell 2000(R) Index, representing small cap stocks, and the Russell
3000(R) Index, representing the broader market
Visit Glimcher at: www.glimcher.com
SOURCE Glimcher Realty Trust