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Tanger Factory Outlet Centers (NYSE:SKT) is in the best shape it s been in a long time. The operator of 36 open-air outlet shopping centers is naturally faring better than it was a year ago when we were sheltering in place, stunned into inactivity during the early days of the COVID-19 crisis. However, Tanger is starting to compare favorably to where it was
The Winston-Salem Journal does a review each year of CEO compensation for 29 corporations based in the Triad or that have significant operations and workforces here.
For fiscal 2020, the chief executives of 15 corporations received at least $100 in compensation for every $1 paid to their median employee. Median is defined as the middle value in a list of numbers.
Median employee compensation factors in regular pay, overtime, bonuses, incentives, allowances and paid time off.
During the early stages of the pandemic, there was speculation among financial analysts that the CEO pay ratio gap might shrink during 2020.
Several corporations temporarily reduced executive management compensation by between 10% and 50%, along with requiring rank-and-file employees to be furloughed for several weeks or receive lower pay for reduced hours.
Tanger Deer Park distribution hub offers same-day delivery, accepts returns newsday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.com Daily Mail and Mail on Sunday newspapers.
Tanger Reports First Quarter Results
Collected 95% of First Quarter Rents
April Domestic Traffic Exceeds 2019
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GREENSBORO, N.C., May 5, 2021 /PRNewswire/
Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading owner and operator of open-air outlet centers, today reported financial results and operating metrics for the first quarter of 2021. We are pleased that traffic to our domestic open-air centers reached 97% of 2019 levels during the first quarter of 2021, and exceeded 2019 levels in April. These strong results clearly reflect the attraction of our centers, their dominant market locations and the value proposition that we offer to both our retailer partners and shoppers, said Stephen Yalof, President and Chief Executive Officer. As we further evolve Tanger s core strategies – the leasing, operations and marketing of our outlet centers, we are empowering our team as we rebuild occupancy, drive leasing and curate our tenant mix