Are Tanger's Outlet Stores Resilient to the Retail Apocalypse?
The topic du jour in the consumer retail space is the ongoing assault on brick-and-mortar stores. Over the past several years, dozens of retailers have filed for bankruptcy and/or closed thousands of stores in a phenomenon that has been labeled the "retail apocalypse."
At center stage is the American mall, which used to serve as a sort of town square. A combination of the convenience of shopping online and an oversupply of retail stores in the U.S. has led to a decline in mall traffic.
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