Executive Vice President & Chief Operating Officer, Tanger
Search every verified Leslie Gallardo interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Leslie Gallardo, as Executive Vice President and Chief Operating Officer at Tanger, has been involved in the company's recent strategic shifts, as described by CEO Stephen Yalof in September 2024 interviews. Yalof stated that Tanger has been "reinventing" its centers by adding more food, entertainment, and other uses to attract customers, and has been focusing on "merchandising more to a local customer" rather than relying solely on tourists. He noted that the company acquired a shopping center in Huntsville, Alabama, and built a new one in Nashville, Tennessee, citing population growth in the "Southern corridor." Yalof described the outlet consumer as an "aspirational" customer seeking value, and said Tanger is working to attract a younger demographic by adding brands like Sephora, which he said would be the first in an outlet environment. He also mentioned that apparel categories, including athleisure brands like Athleta and Vuori, have been performing well, and that the company has increased "conspicuous security" in response to retail theft in certain geographies.
“The outlet consumer is an aspirational consumer, a customer looking for the brands they love at the best possible value. That's what draws them into our shopping centers.”
“Now, what we're finding, and as you look at some of the variety we've added to the centers, the diversification of brands, and you mentioned Sephora, that customer is looking for a more rounded experience when they come to visit us.”
“Because of that, we're seeing customers come, stay longer, come during the week. That's why that food and beverage part of our business seems to be doing better than it has in the past.”
“People can sit on the couch and shop all day if that's what they choose to do, so you really have to be special and you have to provide things not only for the shopper, but for that carload of people that come with the shopper.”
Tanger CEO Stephen Yalof joins 'Money Movers' to discuss the state of the consumer from Yalof's vantage point, if the outlet ...
Tanger CEO Stephen Yalof joins 'Money Movers' to discuss consumer spending trends, building shopping centers, and where he ...
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