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Tanger Outlets
Tanger Factory Outlet Centers, Inc. ( ) is a real estate investment trust headquartered in Greensboro, North Carolina that invests in shopping centers containing outlet stores in the United States and Canada. As of December 31, 2019, the company owned 32 shopping centers comprising 12.0 million square feet and over 2,400 stores. The company's largest tenants are Gap, Ascena Retail Group, Nike, Inc., PVH, H&M, Ralph Lauren Corporation, and VF Corporation. Notable properties owned by the company include Tanger Outlets The Walk, Tanger Outlets Southaven (Memphis), Tanger Outlets Pittsburgh Tanger Outlets Foxwoods, Tanger Outlets Ottawa and Tanger Outlets Columbus. History In 1981, Stanley Tanger opened the Burlington Manufacturer's Outlet Center in Burlington, North Carolina. In May 1993, the company incorporated as a real estate investment trust and became a public company via an initial public offering. In January 2009, Steven B. Tanger, the son of the founder and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tanger Outlets Pittsburgh
Tanger Outlets Pittsburgh, also called Tanger Outlets Washington is an open-air outlet mall in South Strabane Township in Washington County, Pennsylvania owned by Tanger Factory Outlet Centers. It is within the Greater Pittsburgh metropolitan area. It is located on Race Track Road off Interstate 79 in Pennsylvania in a development called Victory Center. It was supported by the Redevelopment Authority of the County of Washington. The development process for what would become the outlets began in 2000. The site was chosen for its access from Interstate 79, proximity to The Meadows Racetrack and Casino, and for having sufficient distance from Grove City Premium Outlets. It is approximately south of its largest rival, the Grove City Premium Outlets. The facility was built with the support of tax-increment financing procedure. The financing deal with Trinity Area School District and the Washington County, Pennsylvania was controversial. Prior to approval, an anonymous o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ralph Lauren Corporation
Ralph Lauren Corporation is an American publicly traded fashion company that was founded in 1967 by American fashion designer Ralph Lauren. The company is headquartered in New York City, producing products ranging from the mid-range to the luxury segments. They are known for marketing and distributing products in four categories: apparel, home, accessories, and fragrances. The company's brands include the mid-range Chaps brand, to the sub-premium Lauren Ralph Lauren brand, to the premium Polo Ralph Lauren, Double RL, Ralph Lauren Childrenswear, and Denim & Supply Ralph Lauren brands, up to the full luxury Ralph Lauren Purple Label and Ralph Lauren Collection brands. Ralph Lauren licenses its name and branding to Luxottica for eyewear; L'Oréal for fragrances and cosmetics; Hanesbrands for underwear and sleepwear; Kohl's and Hollander Sleep Products for bedding; Designers Guild for fabric and wallpaper; and EJ Victor for home furniture. History Ralph Lauren was one of several des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simon Property Group
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties comprising approximately of gross leasable area in North America and Asia. History Simon Property Group dates to 1960, when brothers Melvin Simon and Herbert Simon began developing strip malls in Indianapolis, Indiana. In December 1993, they took their interests public as Simon Property Group in the largest initial public offering of a real estate investment trust to date. Simon Property merged with the newly public DeBartolo Realty Corporation, owner of the real estate assets of Edward J. DeBartolo Sr., in 1996 to form Simon DeBartolo Group. In 1997, the company acquired The Retail Property Trust for $1.2 billion in a hostile takeover. Also in 1997, in partnership with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RioCan Real Estate Investment Trust
RioCan Real Estate Investment Trust is the second-largest real estate investment trust (REIT) in Canada. It has an enterprise value of approximately $14 billion, and owns 289 primarily retail properties, with a net leasable area of 44 million square feet. The company properties are located across Canada. The current chief executive officer is Edward Sonshine. History Early history RioCan was founded in 1993, by its current CEO Edward Sonshine, as Counsel REIT. It was one of the first real estate investment trusts in Canada. The company held an IPO on the Toronto Stock Exchange in 1994. In 1995, it re-structured to internalize its asset management responsibilities, in return for a $5 million payment. As part of the re-structuring, the company was renamed RioCan REIT, a short form for "Retail Industrial Office Canadian". RioCan achieved significant growth in its early history, with an annualized 16% return from its IPO to 2013. This growth was achieved in part throu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steven Tanger Center For The Performing Arts
Steven Tanger Center for the Performing Arts in downtown Greensboro, North Carolina is an $88 million 3,023-seat performing arts facility. Its first public performance was a September 2021 concert which was followed by an official opening in November 2021. It replaces the 2,400-seat War Memorial Auditorium in the Greensboro Coliseum Complex; the auditorium was torn down in October 2014. The Community Foundation of Greater Greensboro raised $35 million privately, to be paid over ten years. The city of Greensboro is paying $30 million. Construction was delayed a year so the foundation could get a $25 million bank loan to guarantee its contribution. The Greensboro Symphony and Guilford College's Bryan Series frequently use the facility. The facility will also hosts Broadway productions and concerts. The facility is named for Steven Tanger, CEO of Tanger Factory Outlet Centers, who pledged $7.5 million toward the project in 2013. After working for a year, a task force recommended a stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Wes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Globe Newswire
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Intrado) acquired the Public Relations Solutions and Digital Media Services Businesses, including GlobeNewswire, from Nasdaq. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. Operations They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. In June 2018, GlobeNewswire introduced Media Snippets, providing the ability for organizations publishing press releases to embed a carousel of images, audio, video and live streaming into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors and customers. In 2012, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burlington, North Carolina
Burlington is a city in Alamance and Guilford counties in the U.S. state of North Carolina. It is the principal city of the Burlington, North Carolina Metropolitan Statistical Area, which encompasses all of Alamance County, in which most of the city is located, and is a part of the Greensboro-Winston-Salem-High Point CSA. The population was 57, 303 at the 2020 census, which makes Burlington the 18th largest city in North Carolina. History Alamance County was created when Orange County was partitioned in 1849. Early settlers included several groups of Quakers, many of which remain active in the Snow Camp area, German farmers, and Scots-Irish immigrants. The need of the North Carolina Railroad in the 1850s to locate land where they could build, repair and do maintenance on its track was the genesis of Burlington, North Carolina. The company selected a piece of land slightly west of present-day Graham. On January 29, 1856, the last spikes were driven into the final tie of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
