Outlet Malls Are The Latest Victim Of The Retail Apocalypse

After years of being seemingly insulated from the ills affecting department stores, the country’s 200-plus outlet malls are starting to show signs of strain. Tanger Factory Outlet Centers, which owns 43 centers in 22 states and is the largest publicly traded pure-play outlet operator in the US, is throwing off some warning signs, experts tell The Post. The Greensboro, NC, company, seen as a bellwether for the sector, is not planning any outlet openings for 2018, one industry watcher said — noting it was the first time in recent memory that no new opening has occurred. Plus, Tanger isn’t attracting the shoppers that it was used to, according to RS Metrics, a satellite data company. Read more at New York Post.