Tanger Sees Boost from World Cup and Back to School Shoppers
Tanger Inc. has raised its financial outlook for the second time in 2022, driven by increased domestic travel during the World Cup and early back-to-school shopping activity. The surge in consumer traffic and sales across its shopping centers reflects stronger-than-expected demand at its real estate investment trust properties.
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Tanger Sees Boost from World Cup, Back to School Shoppers
Tanger Inc. has raised its financial outlook for the second time in 2022, driven by increased domestic travel related to the World Cup and early back-to-school shopping activity. These consumer trends have positively impacted foot traffic and sales performance across Tanger's portfolio of shopping centers.
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