REAL ESTATE

General Growth names marketing exec

BY Staff Writer

Chicago — General Growth Properties announced Tuesday that Susan E. Houck has been named senior VP marketing.

In her new capacity, Houck will spearhead integrated field marketing efforts, including advertising, public relations, strategic planning, community relations, and travel and tourism.

Prior to her appointment as senior VP, Houck oversaw marketing efforts for the Southwest region of GGP.

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Blockbuster offers families a summer pass

BY CSA STAFF

MCKINNEY, Texas— Blockbuster L.L.C. announced thatcustomers can now get unlimited kids and family movies on either DVD or Blu-ray for $4.99 a month (one movie out at a time) with the new Kids Summer Pass. A two-movie and three-movie pass are also available for $9.98 and $14.97, respectively.

Movies rented on the Kids Summer Pass do not have due dates or incur additional daily rates. Passes are good for four weeks and must be purchased or renewed prior to Sept. 5. Offer is good for kids’ and family movies priced 99 cents at participating Blockbuster stores nationwide.

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Higher gas prices could be advantageous to discount stores

BY CSA STAFF

NEW YORK— Rising gas prices has consumers cutting down on grocery shopping and many turning to the discount stores over traditional food retailers, according to the latest research from TNS.

The higher cost of gas is good news for discount stores, as 32% of those surveyed are choosing to shop there over traditional retail outlets. However, when they shop, they are buying less.

Thirty-five (35%) percent of those surveyed say they are trimming down and removing items from their "typical" grocery list to save money. Nearly one-third of consumers (30%) are more likely to purchase private label brands than national brands.

"Even as gas prices have receded a little from their peak, our research shows consumers are adjusting their grocery shopping patterns to manage a more uncertain conservative purchase environment," saidDan Boehm, SVP at TNS."More than ever, grocery retailers need to clearly articulate the value proposition they give their shoppers as shoppers make fewer trips per week, buy less and look for discounts."

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