Stanley Tanger: Difference between revisions
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'''Stanley K. Tanger''' (April 13, 1923 – October 23, 2010<ref name=nr/>) was an [[United States|American]] [[businessman]], [[philanthropist]] and pioneer of the [[outlet shopping]] industry. Tanger founded [[Tanger Factory Outlet Centers]] |
'''Stanley K. Tanger''' (April 13, 1923 – October 23, 2010<ref name=nr/>) was an [[United States|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,<ref name=bj/> and now has 45 [[shopping centers]] throughout the [[United States]] and Canada as of April, 2015.<ref>http://www.tangeroutlet.com/center/</ref> In doing so, he invented "the very concept of the [[outlet mall]]", according to the ''[[News & Record]]'' of [[Greensboro]], [[North Carolina]].<ref name=nr/> Tanger Outlets grossed $270 million in 2009.<ref name=nr/> |
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Tanger was the son of Harriette and Moe Tanger, who were from [[Wallingford, Connecticut]]. Tanger served as a [[Aviator|pilot]] during [[World War II]].<ref name=nr/> After World War II, Tanger began to run Creighton Shirtmakers, the [[family business]] in [[Reidsville, North Carolina]].<ref name=nr/> Under Tanger, Creighton Shirtmakers expanded to five [[outlet stores]].<ref name=nr/> 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.<ref name=nr/><ref name=bj>{{cite news|title=Outlet developer Stanley Tanger dies|url=http://www.bizjournals.com/triad/news/2010/10/25/outlet-developer-stanley-tanger-dies.html|work=[[The Business Journal]]|date=2010-10-25|accessdate=2010-11-11}}</ref> |
Tanger was the son of Harriette and Moe Tanger, who were from [[Wallingford, Connecticut]]. Tanger served as a [[Aviator|pilot]] during [[World War II]].<ref name=nr/> After World War II, Tanger began to run Creighton Shirtmakers, the [[family business]] in [[Reidsville, North Carolina]].<ref name=nr/> Under Tanger, Creighton Shirtmakers expanded to five [[outlet stores]].<ref name=nr/> 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.<ref name=nr/><ref name=bj>{{cite news|title=Outlet developer Stanley Tanger dies|url=http://www.bizjournals.com/triad/news/2010/10/25/outlet-developer-stanley-tanger-dies.html|work=[[The Business Journal]]|date=2010-10-25|accessdate=2010-11-11}}</ref> |
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Revision as of 13:00, 16 April 2015
Stanley K. Tanger (April 13, 1923 – October 23, 2010[1]) 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,[2] and now has 45 shopping centers throughout the United States and Canada as of April, 2015.[3] In doing so, he invented "the very concept of the outlet mall", according to the News & Record of Greensboro, North Carolina.[1] Tanger Outlets grossed $270 million in 2009.[1]
Tanger was the son of Harriette and Moe Tanger, who were from Wallingford, Connecticut. Tanger served as a pilot during World War II.[1] After World War II, Tanger began to run Creighton Shirtmakers, the family business in Reidsville, North Carolina.[1] Under Tanger, Creighton Shirtmakers expanded to five outlet stores.[1] 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.[1][2]
The company, now known as Tanger Factory Outlet Centers, had since expanded to more than fourty one outlet centers in twenty-five U.S. states and four in Canada, as of April, 2015.[4] In 1993, Tanger Factory Outlet Centers became the first outlet developer to be publicly traded on the New York Stock Exchange.[1][2]
Real Estate by Inc. Magazine named Tanger as "Entrepreneur of the Year" in 1994.[2] Tanger remained chairman of Tanger's board of directors until his retirement from a daily role with the company on August 7, 2009.[5] He resigned as chairman of the board in September 2009,[5] but remained a member of Tanger's board of directors until his death in 2010.[2]
Tanger and his wife, Doris Tanger, a breast cancer survivor, [1] 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.[1] 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.[1]
Stanley Tanger, a resident of Greensboro, died of pneumonia on October 23, 2010, aged 87.[1] 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.[1] His son, Steven, was named President and CEO of Tanger Factory Outlet Centers in January 2010.[1][5]
References
- ^ a b c d e f g h i j k l m n Cite error: The named reference
nrwas invoked but never defined (see the help page). - ^ a b c d e "Outlet developer Stanley Tanger dies". The Business Journal. 2010-10-25. Retrieved 2010-11-11.
- ^ http://www.tangeroutlet.com/center/
- ^ http://www.tangeroutlet.com/center/
- ^ a b c Lavender, Chris (2010-10-25). "Founder of Tanger Factory Outlet Centers dies". Times-News (Burlington, North Carolina). Retrieved 2010-11-11.