Core Insights - The retail sector is experiencing brisk demand, with Tanganger reporting record leasing volume, indicating strong interest in retail space [1] - There is a bifurcated economy, with some consumers facing challenges, yet many brands continue to expand and seek new locations [2] - Retailers are primarily focused on a one-year outlook for traffic and sales, with ongoing deals for future years [3][4] Consumer Behavior - Value has become increasingly important for consumers, especially in the outlet channel, where everyday sales resonate well with shoppers [5] - Younger consumers are being attracted to brands that offer products priced below inflation, enhancing their appeal [6] Retail Forecast - Key metrics for forecasting the holiday season include stock levels and staffing in stores, with current observations showing stores are well-stocked and staffed [7][8] - Despite potential economic challenges, there is optimism for continued consumer spending, with the National Retail Federation projecting an increase in spending compared to last year [9]

Tanger, citing sales momentum, recent property acquisitions, and a more diversified tenant mix, reported a strong third quarter, prompting the company to raise guidance for 2025. “The performance was good across all of our centers,” Stephen Yalof, president and chief executive officer, told WWD. “We have a really strong portfolio today. We have sold off some underperforming centers and the new centers we acquired over the last few years are really contributing. More from WWD “We are optimistic about the ...