That’s going to fuel some of our growth going forward.” “There is a lot of growth in the furniture business. Restoration Hardware, West Elm, Pottery Barn are there.” And In Tanger’s center in San Marcos, Texas, there’s a Purple mattress outlet. We have a number of stores there that serve that use. “Riverhead seems to be a destination for furniture and home decor right now. “At Riverhead, we have been pretty successful bringing in a number of furniture and home decor stores,” he said, citing Mitchell Gold + Bob Williams furniture, and a major national furniture retailer soon to sign a lease. Tanger has other strategies in motion changing the complexion and composition of its centers. “Fifteen to 20 percent would be a great number,” he said. At Deer Park, there is a new My Cookie Dealer, a digitally native company famous for its half-pound cookies as well as serving coffee and lemonade.įive Tanger centers, so far, house “selfie stores” where customers pay entry fees to interact with art installations or other photographic backdrops and vignettes to take selfies.įor the future, Yalof sees a substantial portion of Tanger real estate transformed to alternative uses. At the Hilton Head center, there is a Byrds Famous Cookies, and an X-Golf food and beverage establishment with golf simulators is under construction. Alvéole, a social beekeeping company that provides programs and habitats for the country’s declining bee population, offers opportunities for consumers to learn and get involved with urban beekeeping.Īt the Grand Rapids, Mich., outlet center, there is a 5 Lakes Brewery and Entertainment District, an evolving space with outdoor games such as a putting green, cornhole and bocce ball, with a social gathering space, and the Mebane, N.C., outlet center houses a Bright Penny Brewery. Since last spring, six Alvéole honey bee colonies were installed atop Tanger centers in the U.S. It draws a totally new customer, who shops us more frequently, and while they are there, they will cross shop our shopping center and build bigger baskets.”Īmong other alternative formats recently arriving to Tanger Outlets is Alvéole bee hives. We just added a very famous, high-end gourmet grocery, Nantucket Meat & Fish Market, in our outlet center in Hilton Head, S.C. They are relocating in certain geographies and coming to shopping centers. “Sit-down restaurants are pretty new to our format and we are finding that a lot of great local micro breweries and sit-down restaurants that serve alcohol are looking for locations. “There is definitely opportunities for some alternative uses in our shopping centers,” Yalof said. Tanger, which owns or has an ownership interest in 36 upscale, open-air outlet centers mostly in the South and often near resort communities, recaptured 135,000 square feet this year through the end of July, 80,000 square feet during the first half of 2021 alone and about 380,000 square feet during the first half of 2020. A Tyrannosaurus rex at last summer’s Dino Safari at Tanger’s outlet center in Deer Park, N.Y.Īt outlet centers, traditional malls and all kinds of shopping venues, space has opened up because of the wave of restructurings and downsizings many brands and retailers have undergone recently, before and through the pandemic.
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