417. The evolution of outlet shopping in a changing retail landscape

Outlet shopping has come a long way from its origins as a place for manufacturers to sell excess inventory. Today, consumers are looking for much more than a deal, and Tanger is evolving alongside them. Stephen Yalof, president and CEO of Tanger Inc., joins Retail Gets Real to discuss how shopping centers are becoming entertainment destinations, the resilience of today's shoppers and why the future of retail is still very much rooted in physical experiences.(00:00:00) The evolution of outlet retail(00:06:15) Reimagining the outlet experience(00:10:08) Understanding today's retail consumer(00:13:34) Leadership lessons from the top(00:16:32) From dealmaker to CEO(00:19:30) The three notes rule(00:23:02) What excites Stephen Yalof about retail's futureThe National Retail Federation is the world’s largest retail trade association.Every day, we passionately stand up for the people, policies and ideas that help retail succeed.Resources:• Become an NRF member and join the world’s largest retail trade association• Learn about our retail education platform, NRF Foundation, at nrffoundation.org• Learn about retail advocacy at nrf.com/advocacy• Find more episodes at retailgetsreal.comRelated:• 411: Redefining JCPenney for today’s customer• 393: How Bealls is shaping the next era of value shopping