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In The News

FOR IMMEDIATE RELEASE
September 2004

SPECIALTY RETAILER J. JILL
SELECTS BRADLEY FAIR AS WICHITA SITE
Store Opening Marks 50th Retailer At Lifestyle Center

(WICHITA, KS) – J. Jill (Nasdaq: JILL), a multi-channel specialty retailer of women’s apparel, accessories and footwear will debut its first Wichita store and second location in Kansas at Bradley Fair lifestyle center. The announcement was made today by Cathy Erickson, vice president of Laham Development, who indicated the national retailer will open in 3,500-square-feet just south of Coldwater Creek. Work is underway on the space with an anticipated opening of mid-November.

According to Erickson, J. Jill is the newest tenant for the center that lately has drawn in some of retail’s biggest names including Coldwater Creek, Chico’s and Jos. A. Bank. “J. Jill is one of the most sought-after concepts in retail right now,” says Erickson. “They not only look for the right geographic location, but they locate in centers that offer the right mix of tenants. Ultimately what brought them to Wichita and Bradley Fair is the strength of Bradley Fair’s co-tenancy.”

Alex Viteri, director of sales promotion at J. Jill Group echoed Erickson’s comments. “J. Jill’s retail growth is focused on upscale lifestyle centers with demographics that match our customer base and tenants that complement our stores,” added Viteri. “We select our sites very carefully and Bradley Fair was the clear choice for our second Kansas location. We couldn’t have found a better environment.”

While retail stores are currently J. Jill’s leading growth segment, the brand’s catalog and Internet activity accounts for half of the company’s sales. Viteri noted that J. Jill has an existing strong catalog and Internet customer base in the Wichita metro area. “Our catalog and Internet business in the Wichita area are very good. We know the J. Jill brand has awareness there and a retail store will allow us to better serve our customers and introduce our concept to those not familiar with us,” he stated.

J. Jill targets active, affluent women primarily between the ages of 35 to 55. The apparel is comfortable and versatile, offered in a range of sizes, and can be worn during the work week, weekends and casual evenings out. Starting as direct catalog marketer, the company began opening retail stores in 1999.They have expanded rapidly, ending 2003 with 150 stores in 32 states that generated net sales of $178 million. J. Jill Group anticipates opening 20 more stores in 2004. In addition to Bradley Fair, J. Jill has a location in Leawood, Kansas which opened in June 2002.

With the arrival of J. Jill, Erickson noted that Bradley Fair is 98% leased, a figure that is unusually high compared to an average vacancy rate of 7% for the shopping center industry in 2003. “We have two spaces remaining at Bradley Fair,” Erickson said. “We are speaking with several potential tenants and expect to have announcements soon.”

A project of Laham Development Company, Bradley Fair opened in November 1990 and has recently added several new stores including Chico’s and Coldwater Creek which opened this summer, Backwoods and Bella Luna Café which opened in the spring, and Jos. A. Bank menswear retailer, which opened in February. As Wichita’s premier lifestyle center, the 263,000 sq.-ft. Bradley Fair offers a blend of local, regional and national retail concepts that currently includes 11 restaurants and 38 stores. Among the focal points of the center is a scenic open-air plaza that hosts a variety of community and charitable events and fireworks displays. The plaza area features a year-round fountain, two island waterfalls, a lake, extensive landscaping and tiered seating.

Project architect for Bradley Fair is Shelden Architecture. J.P. Weigand & Sons is exclusive leasing agent for Bradley Fair.

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