About
In 1981, Stanley K. Tanger began construction on the 50,000 sq. ft. phase of Burlington Manufacturer's Outlet Center (BMOC) off Interstate 85 in Burlington, NC. This was the first-of-a-kind strip center with brand-name factory outlet stores. In 1993, Tanger became the first outlet center developer to be listed on the New York Stock Exchange as a publicly traded Real Estate Investment Trust (REIT). Shares are traded under ticker symbol SKT. In 1995, Tanger was the first developer to implement a money-back low price guarantee program for its customers. The Relax, It's Guaranteed® program offers customers a cash refund equal to the difference in price if a consumer finds the same brand name...