Giggles N'''''''' Hugs Inc. (fka GIGL)

[DeltaWarrior]

~ GIGL MUST BUY

$GIGL Management has AMAZING credentials


Growth and recognition of this caliber are driven by a very powerful management team with the experience and know-how to continue the company's powerful momentum.

Joey Parsi, Founder, President, & Director

Joey Parsi had a long and successful career as an investment manager and entrepreneur. He had a 20+ year career working on Wall Street for Lehman Brothers, Sutro and Company, and Prudential Securities. Parsi previously served as an investment advisor for Lehman Brothers; senior vice president at Sutro and Company, where he managed and oversaw millions of dollars for individual and institutional investors specializing in IPOs and technology equities; and worked at Prudential Securities where he oversaw client assets in a number of investments.

In 1998, Parsi opened Barron Chase and was able to expand the company to more than 30 employees. In total, Parsi and his team raised more than $30 million in funding for nine separate companies, many of which are now publicly traded on the NASDAQ markets. After liquidating the business in 2001 he joined TD Waterhouse, where he personally managed more than $350 million in assets for clients, and oversaw more than $1 billion in assets in his region. Parsi then went on to found Giggles in 2008.


John Kaufman, President

John Kaufman was the COO at California Pizza Kitchen when the founders had just two locations and grew the company along with Philip Gay as CFO to over 100 locations. Pepsi Co. bought the pizza chain at this point, and Kaufman was recruited to become president of Koo Koo Roo Chicken, one of the fastest growing fast casual concepts on the west coast.


Philip Gay, CFO

Philip Gay was previously the CEO at the Daily Grill restaurant group, a publicly traded Restaurant concept with 50 locations throughout the country. Prior to that, Gay was CFO at California Pizza Kitchen, growing the concept along with John Kaufman as COO from two stores when he started to over 100 when he left after the company was sold to Pepsi Co. He joined Wolfgang Puck Restaurants group as CFO eventually becoming the CEO.


Sean Richards, COO

Sean Richards joined Giggles in 2010, bringing with him more than 20 years of operations management experience. He previously managed and ran operations for Pink Taco restaurants, Hard Rock, House of Blues and Hooters casino among other national brands.


Joan Barnes, Advisory Board Member

Joan Barnes is the founder and former CEO of Gymboree, which is the largest clothing retailer in the nation for kids. She has been instrumental in helping us with Giggles' merchandising and licensing which she in essence pioneered some 30 years ago when she licensed the Gymboree brand. With Barnes' help, Giggles is rolling out a variety of products for kids including, branded clothing, branded toys, frozen foods, and other merchandising products.


Todd Star, head of real estate expansion

Todd Star was senior executive VP for Westfield USA, overseeing its west coast leasing operations for 14 years. He is a strong asset to Giggles as he leads expansion negotiations with several of the largest mall owners in the U.S., including General Growth Properties, Simon Property Group, and Westfield Group, who collectively own more than 500 properties worldwide.

Michelle Steinberg, Public Relations

As one of the top PR professionals and a highly sought-after marketing executive and influencer, Steinberg has an impressive history of successfully assisting numerous A-list celebrities and major corporate brands with product launches and various other ventures. Her experience includes launching several renowned restaurant brands, including TAO restaurants, the Palazzo Hotel, House of Blues and Planet Hollywood and All Star Cafe, among many others where she was responsible for all PR and marketing strategies. She also introduced these brands to some of the biggest A list talent in Hollywood, many of whome becoming investors in the concepts.

Cindy Davis, of Davis Branding, is partnering with The Licensing Shop team to develop and support the brand merchandising strategy for Los Angeles based children's themed restaurant, Giggles N' Hugs. Prior to that, Cindy headed up the U.S. office for global licensing agency, Copyrights Promotions Licensing Group (CPLG) where she was responsible for representation acquisitions as well as the creation of sales strategies for represented properties. Cindy's branding and licensing career spans 20+ years working on a range of properties & brands from Mickey Mouse, the Power Rangers and Strawberry Shortcake to Coke and McDonalds at companies such as The Coca-Cola Company, Enesco, Saban, and DIC Entertainment. Cindy has a BFA in Journalism from the University of Memphis.

http://www.thelicensingshop.com/home.html (go to the about us page)



$GIGL ~ Giggles N’ Hugs Advances Negotiations with largest National Mall Owners

** Take note that $GIGL CEO delivers as everything below is starting to come to0 fruition my friends!! **

Giggles N’ Hugs, Inc. (OTCQB: GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, today reports it has been in active negotiations for its expansion with several of the largest mall owners in the U.S., including General Growth Properties, Simon Property Group, and Westfield Group, which collectively own more than 500 properties worldwide.

Current negotiations are focused on expanding the Company’s footprint on the West Coast, initially targeting five properties in markets that include Seattle and San Francisco (this is recent LOI in San Fran)in the north and San Diego and Orange County in the south. Lease terms have been received for the proposed properties, which will be similar in size to the Company’s current locations in Los Angeles. Longer term and pending additional funding, the Company expects to grow from its three existing locations in Southern California to dozens of locations in key markets nationally.

As part of its negotiations, being conducted on a per-location basis, the Company is seeking significant discounts from current market rents as well as attractive tenant allowances which are expected to reduce construction costs for each new Giggles N’ Hugs location. The Company has also retained the services of Todd Star, a highly regarded and successful senior executive with nearly three decades of real estate industry experience, to aid in its negotiations and growth strategy development. Star’s experience as a senior executive for Westfield, overseeing leasing operations for over 13 years, places him as one of the most knowledgeable and best in negotiating deals with mall operators. Todd currently serves as principal at Star Retail Advisors.

“We’re very excited to enter our next phase of operations and to begin replicating the success we’ve experienced with our first three locations in Los Angeles,” commented Parsi. “While we’re doing great in Southern California, where we’re known for our warm weather and sunny climate, we anticipate our results will be even better in markets where the weather is often less than ideal.”

Parsi continued, “When it rains, which has not happened a lot here in Los Angeles, people tend to come indoors to Giggles N’ Hugs to play rather than go to the park or other outdoor spaces. The same is true with birthday parties, which are a very high-margin business for us. People can’t do parties in their backyard or a park when it rains, so we get massive bookings on rainy days and our sales spike. This unique aspect of our business should produce higher revenues and profit margins in markets like San Francisco and Seattle, driving strong shareholder value growth as we move forward with our expansion.”