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Terry J. Lundgren Center for Retailing and Gordon Brothers Group Announce Scholarship of Excellence Recipient

TUCSON, Ariz. and BOSTON, April 17 PRNewswire — The Terry J. Lundgren Center for Retailing at The University of Arizona's John and Doris Norton School of Family and Consumer Sciences and Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, real estate and industrial sectors, today announced that the 2008 recipient of the Gordon Brothers Group Scholarship of Excellence is Retailing major Dani Laven of Scottsdale, Arizona.

"We had many talented candidates and narrowing the field down to just one certainly proved to be a challenge," said Melinda Burke, Director, Terry J. Lundgren Center for Retailing. "In the end, we felt that Dani's strong dedication, academic excellence, extraordinary creative and design talent, and exemplary leadership skills are what set her apart."

Established last year, the Gordon Brothers Group Scholarship of Excellence focuses on building the future of aspiring retail professionals by financially rewarding an outstanding student each year based on merit and commitment to the field of retail.

"This scholarship is our way of helping the students of today become the retailers of tomorrow and it's one way to acknowledge the student's passion and enthusiasm for the retail industry," said Ann Merrill, a Principal and Managing Director at Gordon Brothers Group and member of the Terry J. Lundgren Center's Corporate Advisory Board.

"We are proud to support the Terry J. Lundgren Center in its mission to be 'The' place for retail studies and prospective retail leaders," added Bradley Snyder, Principal and Managing Director, Gordon Brothers Group.

The scholarship award was presented to Laven at the 2008 Global Retailing Conference which was hosted by the University of Arizona on April 10th and 11th at the Loews Ventana Canyon Resort in Tucson, Arizona.

Laven was selected from a pool of candidates based on the following criteria:

— Acceptance into the highly competitive Retailing and Consumer Science (RCSC) Professional Program — A 3.5 or higher cumulative GPA — Demonstrated leadership through extracurricular activities — Passion for retailing as demonstrated through work experience — Junior or Senior standing in Fall 2008

In addition to awarding the scholarship, Gordon Brothers Group, in partnership with the Terry J. Lundgren Center, offers summer internships to students and in the future plans to conduct on-campus seminars and guest teach in the classroom speaker series.

About Gordon Brothers Group

Founded in 1903, Gordon Brothers Group (http://www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, real estate and industrial sectors. The firm has unparalleled expertise in assisting healthy and distressed companies maximize the value of under-performing assets and expand operations through new products and distribution channels. Gordon Brothers Group's capabilities include asset valuations, dispositions and appraisals, real estate consulting and acquisitions, retail store operations, lending, equity investments, restructuring and advisory services. The firm's resources include over 250 professionals and 300 field experts, including former CEOs, CFOs, merchants and executives in offices worldwide. During the past three years, Gordon Brothers Group has appraised over $100 billion of assets, managed more than 7,000 stores, sold more than $10 billion of inventory and restructured or sold over 120 million square feet of retail space. In addition, Gordon Brothers Group currently owns over 1,600 stores through various portfolio companies.

About Terry J. Lundgren Center for Retailing

Since 1993, the Terry J. Lundgren Center for Retailing at The University of Arizona's John and Doris Norton School of Family and Consumer Sciences has brought together the resources and expertise of academia and the retail industry with a shared goal of developing strong future retail professionals. Supported by the Corporate Advisory Board partners and sponsors, the Center is able to offer the benefits of research and scholarship to industry and a perspective on the working world to Retailing and Consumer Sciences students. Through these business partnerships, the Center offers students unique opportunities for research, career exploration and development, internships, professional in-class speakers and industry tours. The Center provides funds to support graduate students and various research activities with our top-notch faculty, and as a result, continues to enhance its reputation at the local, state, national, and international levels as "The" place for retail studies and prospective retail leaders.

SOURCE Gordon Brothers Group

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