Stock Info
Delayed approx. 15 minutes

DOW
  23163.04

NASDAQ
68.99   6925.52

S&P 500
21.89   2673.90

WPG
0.10   7.03

NAREIT
  639.16

X

WASHINGTON PRIME GROUP

View Stock Info

WP Glimcher Welcomes First-in-State At Home to Rushmore Mall

COLUMBUS, Ohio (April 29, 2016) WP Glimcher Inc. (NYSE: WPG), a premier retail real estate investment trust specializing in the ownership, management and development of shopping centers, today announced that Rushmore Mall, Rapid City’s only enclosed shopping destination, will welcome the first-in-state location for At Home this summer. The retailer will join Rushmore Mall’s popular selection of more than 90 retailers, restaurants and entertainment options.

“We are pleased to have At Home’s first store in South Dakota opening at Rushmore Mall,” said Butch Knerr, chief operating officer of WP Glimcher. “We believe this addition of a strong national retailer will further strengthen Rushmore Mall’s position as the retail destination for the Rapid City market and surrounding communities.”

At Home allows customers to express their personal style by choosing from an expansive selection of more than 50,000 items including seasonal and holiday décor, patio furniture, home furnishings, wall art, decorative accents, rugs and housewares. Employing an everyday low pricing model, At Home is dedicated to allowing customers to affordably make their house into a home. The 101,000-square-foot superstore will be located at the north end near Victoria’s Secret.

“We are excited to bring the first At Home in the state to the Rushmore Mall,” said Stacey Sullivan, director of public relations and corporate communications of At Home. “We look forward to helping Rapid City shoppers meet all their décor needs and are glad to be part of the community.”

Rushmore Mall serves the Rapid City market – the second largest market in South Dakota and the western half of the state – and is located in the heart of the Black Hills, home of the world-famous Mt. Rushmore National Memorial. In addition to Rapid City, the mall serves residents in surrounding communities within a 250-mile radius.

About Rushmore Mall

Rushmore Mall, Rapid City’s only enclosed shopping destination, offers more than 90 national and locally owned retailers, eateries and entertainment options. Market-exclusive stores include Bohme, Herberger’s, JCPenney and the only in-state location for francesca’s, plus other retailers including Buckle, Bath & Body Works, American Eagle Outfitters, maurices and Eddie Bauer. Guests can dine at numerous eateries such as Olive Garden, Subway, Red Lobster and Texas Roadhouse or take in a movie at Rushmore Cinema 7. For more information, visit www.rushmoremall.com.

About WP Glimcher

WP Glimcher Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties, including mixed-use, open-air and enclosed regional malls as well as community centers.  The Company currently owns a material interest in and manages 118 shopping centers totaling more than 66 million square feet diversified by size, geography and tenancy.  WP Glimcher combines a national real estate portfolio with an investment grade balance sheet, leveraging its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S.  WP Glimcher® is a registered trademark of the Company.  Learn more at www.wpglimcher.com.

About At Home

At Home, the home décor superstore, is focused on providing customers with the broadest assortment of home décor products to suit any style, at any budget, for any reason to redecorate. With a wide assortment of 50,000 items throughout our stores, At Home enables customers to express themselves and create a home that reflects their personality and style, in ways big and small.  At Home is headquartered in Plano, Texas.  For more information, visit the company on http://www.athome.com or find us on Facebook (AtHomeStores), Instagram (AtHomeStores) or Pinterest (AtHomeStores).

 

Contact

Investors:

Lisa A. Indest, CAO & Senior VP, Finance, 614.887.5844 or lisa.indest@wpglimcher.com

Kimberly A. Green, Director of Investor Relations, 614.887.5647 or kim.green@wpglimcher.com

 

Media:

Karen L. Bailey, VP, Communications & Marketing, 614.887.5847 or karen.bailey@wpglimcher.com