Stanley Tanger
Organization leader
1923 – 2010
Who was Stanley Tanger?
Stanley K. Tanger was an American businessman, philanthropist and pioneer of the outlet shopping industry. Tanger founded Tanger Factory Outlet Centers, which began with a single location in Burlington, North Carolina in 1981, and now has 33 shopping centers throughout the United States as of October 2010. In doing so, he invented "the very concept of the outlet mall", according to the News & Record of Greensboro, North Carolina. Tanger Outlets grossed $270 million in 2009.
Tanger was the son of Harriette and Moe Tanger, who were from Wallingford, Connecticut. Tanger served as a pilot during World War II. After World War II, Tanger began to run Creighton Shirtmakers, the family business in Reidsville, North Carolina. Under Tanger, Creighton Shirtmakers expanded to five outlet stores. Tanger soon organized other similar businesses and manufacturer outlets into a small, brand name outlet strip mall in Burlington, North Carolina in the early 1981.
The company, now known as Tanger Factory Outlet Centers, had since expanded to more than thirty-three outlet centers in twenty-two U.S. states, as of October 2010. In 1993, Tanger Factory Outlet Centers became the first outlet developer to be publicly traded on the New York Stock Exchange.
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- Born
- Apr 13, 1923
- Also known as
- Stanley K Tanger
- Education
- University of North Carolina at Chapel Hill
- Employment
- Chairman, Tanger Factory Outlet Centers
- Chief Executive Officer, Tanger Factory Outlet Centers
- Died
- Oct 23, 2010
Submitted
on July 23, 2013
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"Stanley Tanger." Biographies.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.biographies.net/people/en/stanley_k_tanger>.
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