Stanley Tanger
Encyclopedia
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 dollars 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 WWII, 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
.
Real Estate by Inc. Magazine named Tanger as "Entrepreneur of the Year" in 1994. Tanger remained chairman of Tanger's board of directors until his retirement from a daily role with the company on August 7, 2009. He resigned as chairman of the board in September 2009, but remained a member of Tanger's board of directors
until his death in 2010.
Tanger and his wife, Doris Tanger, a breast cancer
survivor,
were local, North Carolina philanthropists. Much of Tanger's philanthropy focused on breast cancer awareness, including a one-million-dollar contribution to Moses Cone Health System's Regional Cancer Center in Greensboro. Tanger also funded a variety of beatification projects throughout the city of Greensboro, including the creation and preservation of city parks, including the Bicentennial Gardens.
Stanley Tanger, a resident of Greensboro, died of pneumonia
on October 23, 2010, aged 87. He was survived by his wife of sixty-three years, Doris Tanger, and his children and grandchildren. Tanger's funeral was held at Temple Emanuel, a Reform Judaism
congregation in Greensboro. His son, Steven, was named President and CEO of Tanger Factory Outlet Centers in January 2010.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
businessman, philanthropist
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...
and pioneer of the outlet shopping industry. Tanger founded Tanger Factory Outlet Centers, which began with a single location in Burlington, North Carolina
Burlington, North Carolina
Burlington is a city in Alamance and Guilford counties in the U.S. state of North Carolina. It is the principal city of the Burlington, North Carolina Metropolitan Statistical Area which encompasses all of Alamance County, in which most of the city is located. The population was 49,963 at the 2010...
in 1981, and now has 33 shopping centers throughout the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
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
North Carolina
North Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...
. Tanger Outlets grossed $270 million dollars in 2009.
Tanger was the son of Harriette and Moe Tanger, who were from Wallingford, Connecticut
Wallingford, Connecticut
Wallingford is a town in New Haven County, Connecticut, United States. The population was 43,026 at the 2000 census.- History :Wallingford was established on October 10, 1667, when the Connecticut General Assembly authorized the "making of a village on the east river" to 38 planters and freemen...
. Tanger served as a pilot
Aviator
An aviator is a person who flies an aircraft. The first recorded use of the term was in 1887, as a variation of 'aviation', from the Latin avis , coined in 1863 by G. de la Landelle in Aviation Ou Navigation Aérienne...
during World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
. After WWII, Tanger began to run Creighton Shirtmakers, the family business
Family business
A family business is a business in which one or more members of one or more families have a significant ownership interest and significant commitments toward the business’ overall well-being....
in Reidsville, North Carolina
Reidsville, North Carolina
Reidsville is a city located in Rockingham County, North Carolina. As of the 2000 census, the city had a total population of 14,485.Originally established in the early 19th century as an outpost and stop on the stage line that ran between Salisbury, NC and Danville, VA called Wrights Crossroads,...
. 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
Strip mall
A strip mall is an open-area shopping center where the stores are arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking lots in front...
in Burlington, North Carolina
Burlington, North Carolina
Burlington is a city in Alamance and Guilford counties in the U.S. state of North Carolina. It is the principal city of the Burlington, North Carolina Metropolitan Statistical Area which encompasses all of Alamance County, in which most of the city is located. The population was 49,963 at the 2010...
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
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
.
Real Estate by Inc. Magazine named Tanger as "Entrepreneur of the Year" in 1994. Tanger remained chairman of Tanger's board of directors until his retirement from a daily role with the company on August 7, 2009. He resigned as chairman of the board in September 2009, but remained a member of Tanger's board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
until his death in 2010.
Tanger and his wife, Doris Tanger, a breast cancer
Breast cancer
Breast cancer is cancer originating from breast tissue, most commonly from the inner lining of milk ducts or the lobules that supply the ducts with milk. Cancers originating from ducts are known as ductal carcinomas; those originating from lobules are known as lobular carcinomas...
survivor,
were local, North Carolina philanthropists. Much of Tanger's philanthropy focused on breast cancer awareness, including a one-million-dollar contribution to Moses Cone Health System's Regional Cancer Center in Greensboro. Tanger also funded a variety of beatification projects throughout the city of Greensboro, including the creation and preservation of city parks, including the Bicentennial Gardens.
Stanley Tanger, a resident of Greensboro, died of pneumonia
Pneumonia
Pneumonia is an inflammatory condition of the lung—especially affecting the microscopic air sacs —associated with fever, chest symptoms, and a lack of air space on a chest X-ray. Pneumonia is typically caused by an infection but there are a number of other causes...
on October 23, 2010, aged 87. He was survived by his wife of sixty-three years, Doris Tanger, and his children and grandchildren. Tanger's funeral was held at Temple Emanuel, a Reform Judaism
Reform Judaism
Reform Judaism refers to various beliefs, practices and organizations associated with the Reform Jewish movement in North America, the United Kingdom and elsewhere. In general, it maintains that Judaism and Jewish traditions should be modernized and should be compatible with participation in the...
congregation in Greensboro. His son, Steven, was named President and CEO of Tanger Factory Outlet Centers in January 2010.