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Stanley K. Tanger developed the vision of factory outlet shopping centers banking on the consumer's love of a bargain and the manufacturers' need to dispose of overstock. In 1981, he began construction on the Burlington Manufacturer's Outlet Center in Burlington, N.C. This was a center with brand-name factory outlet stores. In 1993, Tanger became one of the first outlet center developers to be listed on the New York Stock Exchange. In 1995, Tanger was one of the first developers to implement a money-back low price guarantee program for its customers. The Relax, It's Guaranteed program offers customers a cash refund equal to the difference in price if a consumer finds the same brand name product for less anywhere other than Tanger. The company has more than 20 years as a leading developer of manufacturer's outlet centers with the nation's premier brand name and designer outlet stores. Tanger Factory Outlet Centers is headquartered in Greensboro, N.C.

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