TANGER FACTORY OUTLET CENTERS, INC.


Associated tags: NYSE, Tangier, REIT, SKT, Tanger Factory Outlet Centers, Retail

Locations: SOUTH CAROLINA, US, DEER PARK, SC, RIVERHEAD, WOLFORD, MYRTLE BEACH, UNITED STATES, NORTH AMERICA, COLUMBIA, REHOBOTH BEACH, DELAWARE, NORTH CAROLINA, TANGIER, CANADA

Tanger Announces Acquisition of Asheville Outlets in Asheville, North Carolina

Retrieved on: 
Monday, November 13, 2023

GREENSBORO, N.C., Nov. 13, 2023 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today that it has acquired its 38th shopping center, Asheville Outlets, as part of the continued execution of the company's external growth strategy. Tanger acquired the center for $70 million in an all-cash, off-market transaction, leveraging the company's platform and utilizing its cash holdings and strong balance sheet to create value for all stakeholders. Asheville Outlets is the second fully owned addition to Tanger's outlet portfolio this quarter, following the grand opening of Tanger Outlets Nashville in Tennessee last month.

Key Points: 
  • Asheville Outlets is the second fully owned addition to Tanger's outlet portfolio this quarter, following the grand opening of Tanger Outlets Nashville in Tennessee last month.
  • Asheville Outlets is a 382,000-square-foot, open-air shopping center located in the popular tourist market of Asheville, North Carolina.
  • Asheville Outlets benefits from proximity to the area's top attractions, including The Biltmore Estate, Blue Ridge Parkway, and the Grove Park Inn and North Carolina Arboretum.
  • Tanger will officially transition the center to become Tanger Outlets Asheville in early January 2024, leveraging the Tanger name, brand and platform to further strengthen leasing, sales and traffic for the center.

Tanger Announces Grand Opening of Tanger Outlets Nashville

Retrieved on: 
Thursday, October 26, 2023

GREENSBORO, N.C., Oct. 26, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the Grand Opening of its 37th shopping center, Tanger Outlets Nashville, which will open to the public at 10 a.m. Central Time (CT) tomorrow, October 27.

Key Points: 
  • Outlet Center Since 2019 at 96.5 Percent Leased, Showcases Transformational Design and Retailer Mix
    GREENSBORO, N.C., Oct. 26, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the Grand Opening of its 37th shopping center, Tanger Outlets Nashville, which will open to the public at 10 a.m. Central Time (CT) tomorrow, October 27.
  • "Tanger Nashville was designed by a team inspired to transform what we have come to expect from a shopping center experience," said Stephen Yalof, President and CEO of Tanger.
  • Additional celebratory activities, entertainment, and special offers and sales will be available to onsite guests throughout the center's Grand Opening weekend.
  • Tanger has taken other significant steps to engage and support the community surrounding Tanger Nashville as part of its process of bringing the new center to the market.

Tanger Appoints Jessica K. Norman as EVP and General Counsel

Retrieved on: 
Monday, September 11, 2023

GREENSBORO, N.C., Sept. 11, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the appointment of Jessica K. Norman as the company's Executive Vice President, General Counsel and Secretary, effective September 12, 2023.

Key Points: 
  • GREENSBORO, N.C., Sept. 11, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the appointment of Jessica K. Norman as the company's Executive Vice President, General Counsel and Secretary, effective September 12, 2023.
  • In this role, Ms. Norman will lead Tanger's legal organization, including its corporate governance and compliance functions.
  • Ms. Norman will report to Stephen Yalof, President and Chief Executive Officer, and will sit on the executive leadership team.
  • "We are very pleased to welcome Jessica Norman to the Tanger executive team and legal group," said Yalof.

Tanger Introduces Refreshed TangerClub Guest Loyalty Program

Retrieved on: 
Friday, July 14, 2023

GREENSBORO, N.C., July 14, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the launch of its refreshed TangerClub guest loyalty program and all-new consumer mobile app. As part of its continued focus on elevating the customer experience, Tanger has reimagined its digital solutions and loyalty program to increase guest engagement and more conveniently connect brands with the right customers in new ways. This digital-first loyalty program offers a more personalized and intuitive experience – providing additional value for both guests and retail partners.

Key Points: 
  • Tanger's new digital-first loyalty program and mobile app empower brand connections and optimize guest experience, with an expanded suite of exclusive benefits and personalized offers for guests at Tanger's open-air shopping centers
    GREENSBORO, N.C., July 14, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the launch of its refreshed TangerClub guest loyalty program and all-new consumer mobile app.
  • As part of its continued focus on elevating the customer experience, Tanger has reimagined its digital solutions and loyalty program to increase guest engagement and more conveniently connect brands with the right customers in new ways.
  • This digital-first loyalty program offers a more personalized and intuitive experience – providing additional value for both guests and retail partners.
  • Existing "Insiders" and TangerClub members have been automatically enrolled in Tanger's new loyalty program at a corresponding level to their current engagement.

Tanger Releases 2022 Environmental, Social, and Governance Report

Retrieved on: 
Monday, July 10, 2023

GREENSBORO, N.C., July 10, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, is proud to announce the release of its 2022 Environmental, Social, and Governance (ESG) Report. The report, the company's seventh, emphasizes Tanger's long-standing dedication to corporate sustainability and ethical business practices.

Key Points: 
  • GREENSBORO, N.C., July 10, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, is proud to announce the release of its 2022 Environmental, Social, and Governance (ESG) Report.
  • "Our mission, vision, and core values guide and form the foundation of our decision making at Tanger.
  • Tanger is also taking steps to enhance its ability to report on its exposure to climate risk.
  • To learn more about Tanger's ESG progress and initiatives, and to view Tanger's 2022 ESG Report, please visit investors.tanger.com/corporate-responsibility .

Tanger® Outlets Appoints Bridget Ryan-Berman as Lead Independent Director

Retrieved on: 
Wednesday, July 5, 2023

Bridget Ryan-Berman, who has been a member of the Company's Board since January 1, 2009, has been appointed lead independent director, a position previously held by David B. Henry.

Key Points: 
  • Bridget Ryan-Berman, who has been a member of the Company's Board since January 1, 2009, has been appointed lead independent director, a position previously held by David B. Henry.
  • This is consistent with the Company's long-standing policy to rotate independent directors as the chair of the various committees and the lead director.
  • "As part of our ongoing efforts to refresh leadership on our Board, Bridget Ryan-Berman has been appointed lead independent director," said Steven B. Tanger, Executive Chair of the Board.
  • He will remain a valued director of the Company as he has been since January 1, 2016."

Tanger to Present at Nareit's REITweek 2023 Investor Conference

Retrieved on: 
Wednesday, May 31, 2023

GREENSBORO, N.C., May 31, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that it will participate in Nareit's REITweek 2023 Investor Conference from June 6 through June 7, 2023.

Key Points: 
  • GREENSBORO, N.C., May 31, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that it will participate in Nareit's REITweek 2023 Investor Conference from June 6 through June 7, 2023.
  • The Company will also host a tour of Tanger Deer Park on June 5 in connection with the Evercore ISI REITs One-Day Retail Tour of Long Island, NY.
  • A link to the live audio-only webcast will be available online at investors.tanger.com/news-events or at Tanger 2023 REITweek Presentation .
  • An online replay will be available at the same locations after the conclusion of the presentation until Friday, June 16, 2023.

Tanger Schedules Second Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Friday, May 26, 2023

GREENSBORO, N.C., May 26, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter ending June 30, 2023 will be released on Thursday, August 3, 2023 after the market close.

Key Points: 
  • GREENSBORO, N.C., May 26, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter ending June 30, 2023 will be released on Thursday, August 3, 2023 after the market close.
  • The Company will host its conference call for analysts, investors and other interested parties on Friday, August 4, 2023 at 8:30 a.m. Eastern Time.
  • A telephone replay of the call will be available from August 4, 2023 at 11:30 a.m. Eastern Time through 11:59 p.m. on August 18, 2023 by dialing 1-877-660-6853, replay access code #13739144.
  • An online archive of the webcast will also be available through August 18, 2023.

Tanger Continues Transforming the Shopping Experience through New Partnerships

Retrieved on: 
Tuesday, April 25, 2023

GREENSBORO, N.C., April 25, 2023 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale, open-air outlet centers, is redefining the shopping experience by curating open-air environments that include improved amenities and best in class food and beverage options. 

Key Points: 
  • "Through relationships with well-known partners like Shake Shack and Dave & Buster's, Tanger is thoughtfully executing on its strategy to expand into food and beverage and enhance the traditional shopping experience."
  • This summer, Shake Shack will open in San Marcos, Texas, marking its debut in the Tanger portfolio.
  • As one of America's most beloved restaurant chains, Shake Shack is sure to be met with enthusiasm from Tanger shoppers.
  • "We're excited to be opening our doors at the Tanger Outlets in San Marcos," said Andrew McCaughan, Chief Development Officer at Shake Shack.

Tanger Continues Environmental Commitment with Earth Day Activations; Announces Additional Progress Towards Long-Term Goals

Retrieved on: 
Friday, April 21, 2023

GREENSBORO, N.C., April 21, 2023 /PRNewswire/ -- In celebration of Earth Day, Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is hosting environmental initiatives across all U.S. locations throughout the spring.

Key Points: 
  • GREENSBORO, N.C., April 21, 2023 /PRNewswire/ -- In celebration of Earth Day, Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is hosting environmental initiatives across all U.S. locations throughout the spring.
  • We are proud to live Earth Day's mission, 'Invest In Our Planet,' every day."
  • Sustainability remains a core focus for Tanger with environmental practices embedded across all parts of its business.
  • Butterfly gardens are also being developed in four Tanger locations, each with engaging educational plaques that highlight the importance of pollinators to the ecosystem.