Tanger Factory Outlet Centers
- Tanger Factory Outlet Centers
Infobox_Company
company_name = Tanger Factory Outlet Centers Inc.
company_
company_type = Public (NYSE: SKT)
foundation = 1981 (listed 1993)
location = Greensboro, North Carolina
key_people = Stanley K. Tanger, Steven B. Tanger
industry = Outlet malls
products =
net_income = profit $37.1 million USD (2006)
num_employees = 200
homepage = http://www.tangeroutlet.com
Tanger Factory Outlet Centers, Inc. (nyse|SKT) is a real estate companies that owns the chain TangerOutlets (sometimes referred as the Tanger Mall), an outlet mall company headquartered in Greensboro, North Carolina.
The company derives its name from founder Stanley K. Tanger who in 1981 opened the Burlington Manufacturer's Outlet Center (BMOC) in Burlington, North Carolina.
The company operates as a REIT. In June 1993 it became the first publicly traded outlet when it was listed on the New York Stock Exchange.
As of December 31, 2006, Tanger's 30 centers represented a gross leasable area (GLA) of approximately 8.4 million square feet and consisted of more than 1,800 stores, representing about 380 store brands. [ [http://stocks.us.reuters.com/stocks/fullDescription.asp?rpc=66&symbol=SKT Stock.us.reeuters.com SKT Profile - Retrieved November 16, 2007] ] According to its website it had 150 million shoppers in 2006. [ [http://www.tangeroutlet.com/company/history/ Our History - Tangeroutlet.com - Retrieved November 16, 2007] ]
Tenants in its centers include Liz Claiborne, GAP, Banana Republic, Old Navy, Polo Ralph Lauren, Reebok, Tommy Hilfiger, Nautica, Abercrombie & Fitch, Hollister, Eddie Bauer, Brooks Brothers and Nike.
References
External links
* [http://www.tangeroutlet.com Official website]
* [http://www.fundinguniverse.com/company-histories/Tanger-Factory-Outlet-Centers-Inc-Company-History.html International Directory of Company Histories, Vol. 49. St. James Press, 2003 (via fundinguniverse.com)]
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