Tanger (SKT) CEO Stephen Yalof joins Catalysts to share insights on consumer behavior during a period of rising inflation concerns and tariff uncertainty. Despite February’s decline in consumer sentiment, Yalof observes continued strong shopping activity.
Yalof explains that consumers are still "very present" and showed "great resilience" during the fourth quarter despite economic challenges. He cites robust holiday season performance as evidence, noting that shoppers were "definitely out and shopping." The outlet business model, he suggests, offers advantages during inflationary periods by providing competitive pricing.
Yalof challenges the assumption that consumers are trading down to cheaper alternatives. "They’re not looking for … sneakers at the cheapest price; they want Nikes at a great value price," he emphasizes, noting that today’s consumer "understands brand" and prioritizes value over merely seeking the lowest price point.
Watch the full interview above to hear Yalof explain how Tanger Outlets continues to focus on delivering quality and value, working to meet the needs of its core customer base while also attracting younger shoppers.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here https://finance.yahoo.com/videos/series/catalysts/
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