BED BATH & BEYOND/BUY BUY BABY PROTOTYPE STORE TO DEBUT AT GURNEE MILLS THIS FALL

GURNEE, IL (August 22, 2012) – Gurnee Mills, the largest outlet and value retail shopping destination in Illinois, will welcome one of the first Bed Bath & Beyond®/Buy Buy Baby® prototype stores to its retail mix this fall. This exciting new addition will share the space with the existing Bed Bath & Beyond store.

“We strive to meet customer demand for great shopping and value by continually enhancing our retail mix with incredible fashion-forward family brands,” said Randy Ebertowski, general manager at Gurnee Mills. “With an unmatched selection of outlet and value retailers, plus great dining and entertainment options, Gurnee Mills is truly the top destination for Chicago-area visitors and locals alike.”

Bed Bath & Beyond/Buy Buy Baby prototype store will debut at Gurnee Mills, offering a one-stop shopping experience for fans of both brands. Scheduled to open this fall, Bed Bath & Beyond/Buy Buy Baby will be located near Last Call by Neiman Marcus, The Gap Outlet and Build-a-Bear Workshop by Entrance B. Shoppers will enjoy the combination of the best baby related products with an incredible variety of everything for the home.

Along with these great new additions, shoppers can visit Gurnee Mills’ line-up of more than 200 fashionable stores such as Last Call by Neiman Marcus, Saks Fifth Avenue OFF 5TH, Forever 21, H&M, Guess Factory Store, Kenneth Cole Company Store, Tommy Hilfiger Company Store, Abercrombie & Fitch Outlet, Gap Outlet and Nike Factory Store.

The announcement of Bed Bath & Beyond/Buy Buy Baby builds on the momentum for the already announced grand opening of Macy’s, a nearly 140,000 square-foot full-line department store that is slated to open in late-summer 2013. This world-renowned department store will anchor a new full-price wing at Gurnee Mills and will be located on the south side of the property between Entrances C and D, near Rainforest Café.

For more information about Gurnee Mills’ special events and promotions, and for a complete list of retailers, please call (847) 263-7500, visit www.gurneemills.com or check us out on Facebook at www.facebook.com/GurneeMills and Twitter at www.twitter.com/GurneeMills.

About Gurnee Mills

Gurnee Mills, the largest outlet and value retail shopping destination in Illinois, provides the ultimate shopping experience with more than 200 stores, including Last Call by Neiman Marcus (the only one in Illinois), Saks Fifth Avenue OFF 5TH, Forever 21, H&M, Guess Factory Store, Kenneth Cole Company Store, Tommy Hilfiger Company Store, Abercrombie & Fitch Outlet, Gap Outlet, Nike Factory Store and Bass Pro Shops Outdoor World. Shoppers can also dine at great restaurants including Rainforest Café and Ruby Tuesday, catch a movie at Gurnee Marcus Cinema 20, enjoy indoor ice skating, miniature golf and laser tag at Rink Side Sports, or get up close and personal with the reptiles at Serpent Safari.

Gurnee Mills is located at the intersection of Interstate 94 and Grand Avenue (IL 132) in Gurnee, IL, approximately 40 minutes from Chicago and Milwaukee. Gurnee Mills is open regularly 10 a.m. – 9 p.m., Mon-Fri, 10 a.m. – 9:30 p.m. on Saturday and 11 a.m. – 7 p.m. on Sunday. For more information on Gurnee Mills, please call (847) 263-7500, visit www.gurneemills.com or follow Gurnee Mills on Facebook at www.facebook.com/GurneeMills and Twitter at www.twitter.com/GurneeMills.

About The Mills, A Simon Company

The Mills®, one of Simon Property Group's five real estate platforms, offers a unique brand of shopping with a mix of popular name brand outlets, value retailers and full-price stores, plus family-oriented dining and entertainment concepts. The Mills are well-located in major metropolitan markets and many are recognized as leading tourism destinations. Notable properties include Arundel Mills (Baltimore), Gurnee Mills (Chicago), Grapevine Mills (Dallas), Ontario Mills (Los Angeles), Opry Mills (Nashville), Potomac Mills (Washington, DC) and Sawgrass Mills (Ft. Lauderdale/Miami).

Simon Property Group, Inc. (NYSE:SPG) is an S&P 100 company and the largest real estate company in the world. The Company currently owns or has an interest in 338 retail real estate properties in North America and Asia comprising 245 million square feet. We are headquartered in Indianapolis, Indiana and employ approximately 5,500 people in the U.S. For more information, visit the Simon Property Group website at www.simon.com.

About Bed Bath & Beyond

Bed Bath & Beyond Inc. and subsidiaries (the “Company”) operates a chain of retail stores under the names of Bed Bath & Beyond, Christmas Tree Shops, Harmon, Harmon Face Values and buybuy BABY. The Company is also a partner in a joint venture which operates retail stores in Mexico under the name “Home & More.” The Company sells a wide assortment of domestics merchandise and home furnishings. Domestics merchandise includes categories such as bed linens and related items, bath items and kitchen textiles. Home furnishings include categories such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables and certain juvenile products. Additionally, the Company includes Linen Holdings, a business-to-business distributor of a variety of textile products, amenities and other goods to customers in the hospitality, cruise line, food service, healthcare and other industries. As of May 26, 2012, the Company had a total of 1,180 stores, including 995 Bed Bath & Beyond stores in all 50 states, the District of Columbia, Puerto Rico and Canada, 72 Christmas Tree Shops stores, 68 buybuy BABY stores and 45 stores under the names of Harmon or Harmon Face Values. Shares of Bed Bath & Beyond Inc. are traded on NASDAQ under the symbol “BBBY” and are included in the Standard and Poor’s 500 and Global 1200 Indices and the NASDAQ-100 Index. The Company is counted among the Fortune 500 and the Forbes 2000.

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Evan Sneider
Bitner Goodman
(954) 730-7730, ext. 135
evan@bitnergoodman.com