Contact: Erin Brock
CKPR
407-541-0812
ebrock@ckpramplified.com
or
Andrew J. Groveman
Belz Enterprises
901/260-7348

Belz Factory Outlet World – Pigeon Forge Launches Belz Bucks Coupon Book Program

Shoppers Save Up To $300 On Merchandise Mall-Wide


(Pigeon Forge, TN) May 8, 2002 — Belz Factory Outlet World – Pigeon Forge has just introduced a new coupon book program that can save shoppers up to $300 on purchases at leading brand-name stores throughout the mall.

A variety of brand name stores across a broad range of merchandise categories are participating in the Belz Bucks program. Here's just a sample of the current savings offered in the Belz Bucks coupon book: Geoffrey Beene and Fossil are each offering 10 percent off any purchase of $50 or more; Bible Factory Outlet is offering a free book with the Belz Bucks coupon and any $5 purchase; and Hush Puppies and Royal Doulton are each offering $10 off any purchase of $50 or more. In addition, several food court tenants are offering savings on sandwiches and salads or free drinks with a food purchase.

"We're introducing the Belz Bucks coupon book as an added incentive to shop with us," said Andrew J. Groveman, President of the Factory Outlet Division of Belz Enterprises. "We know consumers have many choices about where to shop, but when they consider the significant dollars-off savings at our outlet stores that already offer merchandise at up to 75 percent off retail, as well the free bonuses the Belz Bucks coupon book offers, they'll be convinced that our values are the best in the market. We also see the Belz Bucks coupon book program as a thank-you to our many loyal shoppers who give us repeat business year after year."

Shoppers can pick up a Belz Bucks coupon book at the following stores in Belz Factory Outlet World-Pigeon Forge: Bible Factory Outlet in Annex 1 and Caribbean Traders and Pendleton Mills in Annex 2.

The Belz Factory Outlet World – Pigeon Forge store hours are 9:00 a.m. to 9:00 p.m., Monday through Saturday, and 10:00 a.m. to 7:00 p.m. on Sunday.

With headquarters in Memphis, Belz Enterprises is a multi-faceted real estate company with more than 30 million square feet of developed property including over 40 shopping complexes, ranging from community shopping centers to regional malls. Belz developed and manages Factory Outlet Worlds in Lakeland and Pigeon Forge, Tenn., Las Vegas, Nev., St. Augustine, Fla. and Orlando, Fla., where the company also operates the Belz Designer Outlet Centre. In 2001, the firm opened Belz Factory Outlet World-Puerto Rico, the first enclosed factory outlet mall on Puerto Rico. In addition, Belz operates the 100 Oaks Mall in Nashville, Tenn. The company has also developed and owns a group of premier hotels, including the flagship Peabody Hotels in Memphis and Orlando and the recently opened Peabody Hotel in Little Rock, Arkansas.