There are a lot of outlet shops in the United States and the majority of these shops are anchored on mall strips and shopping centers that are strategically located in areas where shoppers flock. Operating as one of the real estate investment trust firms in the country, Tanger Factory Outlet Centers, Inc. is the owner and operator of the TangerOutlets chain.
Registered as an outlet mall company, the stores operated by Tanger Factory Outlet feature branded names that are well-known across the globe. These stores offer discounted products, off season sale and those items that are about to be phased out. The best thing about shopping in these malls is that you are to receive huge discounts compared to those same items sold in department stores or high end shops. As an outlet store operator, Tanger Factory Outlet is committed to providing their consumers a one of a kind shopping experience, where they get to purchase branded names like Nike, Reebok, Liz Claiborne, Gap, Banana Republic, Nautica, Old Navy, Polo Ralph Lauren, Eddie Bauer, Abercrombie & Fitch and several other popular brand names. Tanger also offers several coupons that would allow customers to double their discounts on these branded names.
Starting out with just one store location in Burlington, Carolina, Tanger Factory has now multiple locations that cover 24 states. The business has also penetrated certain areas in Canada when it signed a partnership deal with RioCan Real Estate Investment Trust. This strategic deal is set to open 15 outlet centers in the country in a span of 7 years.
Shopping at any store location of Tanger has become so popular because of the huge discount their customers are getting. Branded products can be purchased from their locations at a cost that is about 30%-70% off the retail cost of the product. As of, they have about 2,200 outlet stores that features international brand names.