Stephen Yalof, CEO of Tanger: How Potential Tariffs Could Raise Retail Prices

Retail Strategies: Retailers will likely shift excess inventory to outlet channels to maintain sales. Market Resilience: Despite economic challenges, certain brands continue to perform well. Experiential Shopping: Retailers are enhancing customer experiences to attract shoppers.

The potential implementation of tariffs raises significant concerns for retailers, particularly regarding pricing strategies and consumer behavior. If tariffs are passed on to consumers, shoppers will likely gravitate towards locations that offer the best value for their money.

Yalof emphasized that Tanger operates in a “value sweet spot”, providing consumers access to great brands at competitive prices. 1. Historical Context of Tariffs Tanger has weathered various economic cycles over its 43-year history, including significant tariff increases.

Yalof noted that during these times, consumers have consistently turned to outlet stores as a reliable source for quality products at lower prices. This trend suggests that the outlet sector can serve as a “safe spot” for consumers seeking value even in challenging economic climates. 2…