One of the country’s leading retail landlords says tenants and customers are returning to more of the activities they were doing before the COVID-19 pandemic began ripping around the world almost two years ago — including shopping. Occupancy of Tanger Factory Outlet Centers’ stores was...
In today’s top retail news, Abound landed nearly $23 million in a Series A funding round, while Kirkland’s, Inc. anticipates a comparable sales rise of 1.8 percent. Plus, Hermès posted a 12.3 rise in fourth-quarter sales. Wholesale Marketplace Abound Notches $22.9 Million In Series A...
After contending with a “year like no other,” Tanger Factory Outlet Centers said customer levels at its three-dozen upscale open-air shopping campuses hit 90 percent of pre-pandemic traffic levels in the fourth quarter, and 99 percent for the month of January. In announcing the traffic...
In today’s top retail news, Rent-A-Center, Inc. has closed on its acquisition of Acima Holdings, while Tanger Factory Outlet Centers, Inc. announced that it has collected 95 percent of Q4 rents. Also, Batteries Plus has revealed plans to open 50 new retail locations this year....
February 18, 2022
One of the country’s leading retail landlords says tenants and customers are returning to more of the activities they were doing before the COVID-19 pandemic began ripping around the world almost two years ago — including shopping. Occupancy of Tanger Factory Outlet Centers’ stores was 95.3% on Dec. 31, 2021, up from 94.4% at the […]
February 18, 2021
Tanger Factory Outlet Centers, Inc. reported as part of its financial results for the three months and the year ended Dec. 31, 2020 that it collected 95 percent of Q4 rents,...
May 03, 2018
Restaurants and retail landlords reported a mixed bag of first-quarter earnings results on Wednesday (May 2), beating analysts’ expectations in some cases and falling short at times. Looking forward to...