Tanger Outlet Centers Announces Partnership with China UnionPay
New Payment Option Will Accommodate International Luxury Consumers
GREENSBORO, N.C., June 16, 2015 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leader in the outlet shopping center industry, has announced a multiple location partnership between its top international tourist centers in the United States and UnionPay International (UPI), the international business arm of the payment network China UnionPay. The program will provide all the UnionPay cardholders easy access to the world's most popular brand names and designer outlet stores.
"As we continue to see an increase in shoppers from China, Korea and Japan at key centers in our portfolio, we are constantly seeking new ways to accommodate this growing consumer group seeking luxury goods from top brands at a great price," said Steven B. Tanger, President and Chief Executive Officer for Tanger Factory Outlet Centers, Inc. "At Tanger we are committed to creating the ultimate customer experience and that includes delivering first class shopping to our international guests, as well."
"It has become quite convenient for cardholders to use their UnionPay cards in the US, and based on this we are also stepping up our efforts to optimize the local UnionPay card acceptance environment and improve card-using services," said Cai Jianbo, CEO of UnionPay International. "Outlets are must-visit shopping places for many tourists during their travels so we are rolling out exclusive UnionPay card privileges at well-known local outlets to provide global tourists with better and preferential travel experiences."
In honor of this partnership, Tanger Outlets is offering a VIP coupon book to all China UnionPay Cardholders. The UnionPay program is now in place at Tanger Outlet Centers in Phoenix, AZ; Barstow, CA; Foxwoods, CT; Atlantic City, NJ; Deer Park, NY; Riverhead, NY; National Harbor, MD; Mebane, NC; Hershey, PA; Park City, UT; Branson, MI., and San Marcos, TX.
About Tanger Factory Outlet Centers,Inc.:
Tanger Factory Outlet Centers, Inc. (NYSE:SKT), is a publicly-traded REIT that presently operates and owns, or has an ownership interest in, a portfolio of 46 upscale outlet shopping centers in 24 states coast to coast and in Canada, totaling approximately 14.4 million square feet leased to over 3,000 stores operated by more than 460 different brand name companies. With more than 30 years of experience in the outlet industry and 2 additional centers currently under construction, Tanger Outlet Centers continue to attract more than 185 million shoppers annually. Tanger is headquartered in Greensboro, North Carolina. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the company's web site at www.tangeroutlet.com.
MEDIA CONTACT:
Quentin Pell
Vice President
Public Relations and Corporate Communications
Tanger Factory Outlet Centers, Inc.
336-834-6827
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SOURCE Tanger Factory Outlet Centers, Inc.
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