TangerOutlets
- Company typePublic
- Founded1981
- HeadquartersGreensboro, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
TangerOutlets firmographics
Firmographics- Name
- TangerOutlets
- Legal name
- Tanger Inc.
- Website
- https://tangeroutlet.com
- Company type
- Public
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
TangerOutlets industry classification
Industry- Product category
- Outlet Shopping Centers / Retail REIT
- NAICS
- Warehouse Clubs, Supercenters, and Other General Merchandise Retailers (45521)
- SIC
- Retail-Misc General Merchandise Stores (5399)
- akta.pro primary industry
- Overstock & Surplus General Merchandise Retail (CRAEAFAB)
- akta.pro secondary industry
- Extreme Value General Merchandise Discounters (CRAEAAAE)
Keywords
Where TangerOutlets is headquartered
LocationHeadquarters
- HQ city
- Greensboro
- HQ country
- United States
- HQ region
- North America
Markets served
TangerOutlets business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Marketing or Sales, Personnel
Revenue model
- Retail Tenant Rent and Occupancy Fees: Tanger Factory Outlet Centers generates revenue primarily through leasing space to retail tenants in its outlet mall properties. Tenants pay rent based on square footage occupied, typically through a combination of base rent and percentage rent tied to tenant sales.
Distribution channels1 record
Marketing channels5 records
TangerOutlets product offering
Product offeringCore offering
TangerOutlets (Tanger Inc.) owns and operates a portfolio of open-air outlet shopping centers across the United States, leasing retail space to over 100 brand-name retailers per location that sell designer and brand-name merchandise at 25–70% off typical retail prices. The company monetizes these physical destinations primarily through base rent and percentage rent paid by retail tenants, while offering consumers loyalty rewards via TangerClub, a mobile app for receipts and coupons, and Tanger Gift Cards.
Product overview
TangerOutlets operates a portfolio of open-air factory outlet shopping centers across the United States. The company provides retail space leasing to brand-name retailers and serves consumers through its TangerClub loyalty program, Tanger App mobile application, and Tanger Gift Cards. The TangerClub program offers membership with rewards benefits, while the Tanger App enables mobile engagement including receipt uploads for promotions. The core offering consists of physical outlet mall properties featuring discounts of up to 70% off retail prices.
Differentiator
Problem solved
Functional benefit
Brands
- TangerClub: Loyalty rewards program offering exclusive deals, coupons, and savings to members.
Products and services
- TangerClub Loyalty Program Paid rewards program ($20 membership with a $10 gift card) that lets members earn points, access exclusive deals, early sale access, coupons, and personalized offers across Tanger's outlet centers.
- Tanger Mobile App
- Tanger Gift Cards
- Tanger Factory Outlet Centers Open-air outlet shopping centers in the United States, each featuring over 100 retailers offering brand-name merchandise at discounted prices to consumers. The core real estate asset of Tanger Inc.
Quantifiable outcome
- Up to 70% off retail prices for shoppers
Companies that use TangerOutlets
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
TangerOutlets technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TangerOutlets partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights4 records
TangerOutlets competitors and assessment
Company assessmentBroad incumbents
- Macerich: Major U.S. mall REIT with selective outlet and open-air center exposure. While Macerich is primarily a traditional mall operator, its outlet-class assets and tenant relationships provide partial comparability with Tanger's outlet format and shopper economics.
- Brookfield Property Partners: Global retail real estate operator with significant U.S. mall and shopping center holdings. Comparable to Tanger as a large-scale retail landlord with similar tenant base dynamics, though Brookfield's portfolio is more diversified across formats and geographies.
Regional players
- Kite Realty Group: Open-air shopping center REIT with a portfolio of grocery-anchored and lifestyle centers. Comparable to Tanger as an open-air retail landlord, though Kite's smaller-format, necessity-anchored model differs from Tanger's outlet destination format.
- RPT Realty: Open-air shopping center REIT focused on necessity-anchored retail properties. Comparable to Tanger in format (open-air retail centers) and tenant relationships, though RPT's grocery-anchored model targets a different shopper use-case than Tanger's outlet destination.
- Brixmor Property Group: Open-air shopping center REIT with a national portfolio of community and lifestyle centers. Comparable to Tanger in open-air format and broadly in tenant mix, though Brixmor's centers are typically anchored by grocery and necessity retailers rather than off-price outlet tenants.
- PREIT: Regional mall REIT with properties concentrated in the Northeast and Mid-Atlantic. While primarily enclosed-mall focused, PREIT's tenant base and shopper demographic partially overlap with Tanger's outlet customer, making it a useful comparable for retail REIT economics.
Direct peers
- Simon Property Group: Largest U.S. retail REIT and operator of Simon Premium Outlets, the most direct competitor to Tanger's outlet centers. Simon's Premium Outlets platform overlaps with Tanger in tenant mix, off-price format, and shopper demographic, making it the most relevant benchmark for Tanger's operational and financial performance.
- CBL & Associates: Regional mall and outlet center REIT with properties in similar secondary and tertiary U.S. markets. CBL's outlet-format exposure and tenant base overlap with Tanger's positioning as a value-oriented outlet destination.
Others
- Phillips Edison & Company: Grocery-anchored shopping center REIT with a portfolio of necessity-based neighborhood centers. Operates in the same retail real estate category as Tanger but with a fundamentally different tenant strategy (necessity/grocery versus off-price/discount), making it more of an adjacent comparable.
- Realty Income (including Spirit Realty): Net-lease REIT with a massive diversified portfolio of single-tenant retail properties. Tangentially comparable as a retail landlord peer, though Realty Income's net-lease, single-tenant model differs structurally from Tanger's multi-tenant outlet center format.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
TangerOutlets social profiles
Digital presenceTangerOutlets financial estimates
Financial estimateRevenue estimate
Valuation estimate
TangerOutlets leadership team
Management profileNumber of profiles
Profiles5 records
TangerOutlets funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TangerOutlets M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TangerOutlets
What does TangerOutlets do?
TangerOutlets (Tanger Inc.) owns and operates a portfolio of open-air outlet shopping centers across the United States, leasing retail space to over 100 brand-name retailers per location that sell designer and brand-name merchandise at 25–70% off typical retail prices. The company monetizes these physical destinations primarily through base rent and percentage rent paid by retail tenants, while offering consumers loyalty rewards via TangerClub, a mobile app for receipts and coupons, and Tanger Gift Cards.
Is TangerOutlets a public or private company?
TangerOutlets is a public company. It is classified as public and is currently operating.
When was TangerOutlets founded?
TangerOutlets was founded in 1981. It employs 501 to 1,000 people.
Where is TangerOutlets based?
TangerOutlets is headquartered in Greensboro, United States, in the North America region.
How does TangerOutlets make money?
One revenue line is on record: retail Tenant Rent and Occupancy Fees.
Who are TangerOutlets's main competitors?
Broad incumbents on record are Macerich and Brookfield Property Partners. Regional players are Kite Realty Group, RPT Realty, Brixmor Property Group and PREIT. Direct peers are Simon Property Group and CBL & Associates. Others are Phillips Edison & Company and Realty Income (including Spirit Realty).
Does TangerOutlets have an API?
No public API is recorded for TangerOutlets.
What industry is TangerOutlets in?
TangerOutlets's product category is Outlet Shopping Centers / Retail REIT. Its primary akta.pro industry code is CRAEAFAB, Overstock & Surplus General Merchandise Retail, with a secondary code of CRAEAAAE, Extreme Value General Merchandise Discounters. Its NAICS code is 45521 and its SIC code is 5399.