Background
Tanger was the son of Harriette and Moe Tanger, who were from Wallingford, Connecticut.
Businessman chairman philanthropist
Tanger was the son of Harriette and Moe Tanger, who were from Wallingford, Connecticut.
Tanger founded Tanger Factory Outlet Centers, which began with a single location in Burlington, North Carolina in 1981, and now has 45 shopping centers throughout the United States and Canada as of April, 2015. 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 served as a pilot during World World War World War II After World 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 forty-one outlet centers in twenty-five United States. states and four in Canada, as of April, 2015. In 1993, Tanger Factory Outlet Centers became the first outlet developer to be publicly traded on the New York Stock Exchange.
Real Estate by Incorporated. 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. 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 beautification 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 resigned as chairman of the board in September 2009, but remained a member of Tanger"s board of directors until his death in 2010.
