Tanger Guarantees That Its Shoppers Will Always Pay the Best Prices at Its Outlet Centers

GREENSBORO, N.C., March 19 /PRNewswire-FirstCall/ -- Now more than ever, shoppers across our country are looking for ways to make their dollars stretch. Tanger Outlet Centers wants its customers to be assured that the price they are paying is the best price possible. With this in mind, Tanger is introducing its Best Price Guarantee program.

Tanger has a history of standing behind the best prices offered at its centers. In 1995, Tanger introduced its original Relax.It's Guaranteed program, an Outlet Industry first. The new Best Price Guarantee is an evolution and re-branding of the original Relax program and reaffirms Tanger's commitment to providing unsurpassed value to its shoppers.

"Tanger's Best Price Guarantee is a renewed pledge that we are making to our customers that they can always buy with confidence at Tanger on leading brands and designers," stated Steven B. Tanger, President and Chief Executive Officer for Tanger Factory Outlet Centers, Inc. "If they happen to find the same merchandise at a lower price, we will instantly refund the difference. Our Best Price Guarantee is our insurance policy that Tanger Outlet Center shoppers can always count on."

How can Tanger be so confident that the prices at its outlet centers are the lowest? The answer is simple. The brand name stores at Tanger Outlets are owned and operated by the manufacturer or designer. Due to the elimination of middleman mark-ups, consumers can purchase merchandise at significantly discounted prices that average 20%-40% below retail every day. Outlet stores like those at Tanger are the only places where shoppers can buy directly from the manufacturer of their favorite brand name and designer merchandise.

"It's all about quality, selection and value at our outlet centers," added Steven B. Tanger. "The confidence that our customers have, by shopping from our established brand names, is something we feel sets Tanger Outlets apart from our competition. We know that shoppers can find values at discount stores and other shopping venues. However, the outlet difference, is the everyday value shoppers will find on America's best brand and designer names."

The Best Price Guarantee works this way. If a Tanger shopper finds the identical brand name product advertised for less anywhere else within 30 days, they can simply bring a copy of the advertisement along with their original Tanger sales receipt to the Tanger Shopper Services Center and Tanger will refund the difference on the spot. No questions asked.

Before heading to Tanger, visit tangeroutlet.com first. You'll find everything you'll need to make your Tanger shopping excursion a more rewarding experience. This includes Tanger store listings, information regarding current promotions and you can also print valuable bonus discounts and special offers to help you save even more.

Tanger Factory Outlet Centers, Inc., (NYSE: SKT) a publicly traded REIT, presently has ownership interests in or management responsibilities for 33 shopping centers in 22 states coast-to-coast, totaling approximately 10.2 million square feet, leased to over 2,200 stores that are operated by over 400 different store brands. For more information call 800-4-TANGER or visit www.tangeroutlet.com.

    Contact:  Mike Buescher
              336-834-6826

SOURCE Tanger Factory Outlet Centers, Inc.



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