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The Independent UK
The Independent UK
Business
J.R. Duren

Tanger Outlet CEO calls shoppers ‘resilient’ as new report shows spending rose 4.2% this holiday season

If you noticed that your nearest outlet mall was packed this holiday season, it wasn’t a fluke.

Stephen Yalof, CEO of Tanger Outlets, which operates 39 outlet malls across the country, told CNBC Money Movers Tuesday that, while consumers are wary about the future of the economy, they still spent at a healthy rate this holiday season.

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