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UBS upgrades Burlington to neutral from sell UBS said the outlook for Burlington is improving. Jefferies reiterates Netflix as buy After a change in analyst coverage, the firm says it's standing by its buy rating. UBS upgrades TJX Companies to buy from neutral UBS says the off-price retailer is a "growth stock with surprising upside." UBS downgrades CVS to neutral from buy UBS said it sees too much uncertainty for shares of CVS. JPMorgan upgrades Carvana to overweight from neutral JPMorgan upgraded Carvana following earnings on Wednesday.
Persons: Morgan Stanley, Ferrari, Mizuho, C27E, BURL, Jefferies, Rosenblatt, TD Cowen downgrades Wolfspeed, Cowen, Raymond James, Parsons, Ziff Davis, KBW, Piper Sandler, Cantor Fitzgerald, Tesla, Cantor, it's bullish Organizations: Nvidia, Mizuho, UBS, Netflix, Networks, Enterprise, Jefferies, CTV, TJX Companies, Department Stores, CVS, JPMorgan, Susquehanna, MGM, Bank of America, Community Bank, Piper, NYCB, ~$ Locations: Burlington, Las Vegas
Tanger CEO Stephen Yalof told CNBC's Jim Cramer on Wednesday why it can be more valuable to replace tenants instead of renewing leases. "We've traditionally, at least over the last couple of years, have renewed existing tenants at a rate of about 95%," Yalof said. He added that not renewing a tenant's lease doesn't mean Tanger is getting rid of them completely. Yalof also explained how Tanger appeals to luxury brands. Because "the customer is aspirational," he said outlets draw in new clientele that may not have considered these high-end brands otherwise.
Persons: Stephen Yalof, CNBC's Jim Cramer, Yalof Locations: Madison
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTanger came out of COVID like a gunshot, 'company continues to grow', says CEO Stephen YalofTanger President and CEO Stephen Yalof joins 'Mad Money' host Jim Cramer to talk the health of the consumer, quarterly results, and more.
Persons: Tanger, Stephen Yalof Tanger, Stephen Yalof, Jim Cramer
Tanger CEO Stephen Yalof told CNBC's Jim Cramer why tenant vacancies help keep business fresh for the the outlet chain. "Vacancy is critical, and we try to fill it with temporary leases," Yalof said. "When we have a temporary tenant in the space, that gives us control. It gives us the opportunity to get that space back if we want to remerchandise and bring in another tenant." Yalof explained that these vacancies allow Tanger to issue short-term or temporary leases.
Persons: Stephen Yalof, CNBC's Jim Cramer, Yalof, Shorter, there's, that's Organizations: Vineyard
Tanger CEO Stephen Yalof sits down with Jim Cramer
  + stars: | 2024-02-23 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTanger CEO Stephen Yalof sits down with Jim CramerTanger President and CEO Stephen Yalof joins 'Mad Money' host Jim Cramer to talk expanding to new markets and more.
Persons: Stephen Yalof, Jim Cramer Tanger, Jim Cramer
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTanger CEO: We've had a lot of success in the South and in beach communitiesTanger President and CEO Stephen Yalof joins 'Mad Money' host Jim Cramer to talk expanding to new markets and more.
Persons: We've, Stephen Yalof, Jim Cramer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAthleisure is leading the charge among consumers, says Tanger CEO Stephen YalofStephen Yalof, Tanger president and CEO, joins 'Squawk on the Street' to discuss the state of Black Friday shopping, the evolution of shopping center tenants, and more.
Persons: Stephen Yalof Stephen Yalof Locations: Black
We're trying to speak to a customer who wants to shop differently, says Tanger CEO Stephen YalofStephen Yalof, Tanger president and CEO, joins 'Mad Money' host Jim Cramer to talk REITs, consumer behavior, the retail sector and more.
Persons: Stephen Yalof Stephen Yalof, Jim Cramer
The yacht Grazie Mamma II carried its crew along the coastlines and archipelagos of the Mediterranean. Its last adventure was off the coast of Morocco last week, when it encountered a pod of orcas. The marine animals slammed the yacht’s rudder for 45 minutes, causing major damage and a leak, according to Morskie Mile, the boat’s Polish operators. The crew escaped, and rescuers and the Moroccan Navy tried to tow the yacht to safety, but it sank near the port of Tanger Med, the operator said on its website. The largest of the dolphin family, orcas are playful apex predators that hunt sharks, whales and other prey but are generally amiable to humans in the wild.
Organizations: Moroccan Navy Locations: Morocco, Tanger, Strait, Gibraltar, Portugal, Spain
The investment bank has long-term growth tailwinds and is a pure play on a capital market recovery, according to Goldman. A recovery in equity capital markets already underway should help the stock given Jefferies' strength in trading. "We think these structural and cyclical drivers, plus a potential positive upside catalyst from monetization of the last two remaining stakes, and a strong dividend, should drive upside to JEF's shares," Kron said. Macy's came off the list after Goldman analyst Brooke Roach lowered her price target 26% following the retailer's fiscal second-quarter earnings. M YTD mountain Macy's stock in 2023 Macy's joins Spirit AeroSystems and Tanger Factory Outlet Centers , both of which were removed in August from what Goldman calls the "Director's Cut" conviction list.
Persons: Jefferies, Goldman Sachs, Goldman, Steven Kron, Kron, Macy's, Brooke Roach, — CNBC's Michael Bloom Organizations: Sumitomo, Outlet Centers Locations: U.S
The mall as a retail concept is alive and well, with retailers pivoting to fit the demands of a digital age. A shopper carries retail bags while walking through a shopping mall in Columbus, Ohio, U.S., on Friday, Dec. 10, 2021. A socially conscious generation acutely aware of climate change, Gen Z is also more likely to support brands prioritizing sustainability. That in-store experience is so critical.”People stroll through a shopping mall in Foxborough, Massachusetts, on May 18, 2023. “There has been a rise in ‘experience-focused’ tenants in shopping malls that offer experiences like go-karting, trampolining, virtual reality, and arcades,” said ICSC vice president Stephanie​ Cegielski.
Persons: Coresight, , Deborah Weinswig, Brandon Isner, CBRE’s, Kirsten Lee, ” It’s, ” Coresight, Tal Yellin, Isner, Luke Sharrett, Stephen Yalof, Warby Parker, Allbirds, Al Drago, Lee, Gen, Gen Zers, Erin Clark, it’s, Stephanie ​ Cegielski, Covid, Organizations: New, New York CNN — Retail, Coresight Research, Retail Research, Brookfield Properties, , Simon Property Group, Taubman Centers “, Tanger Outlets, CNN, Bloomberg, Getty, Tanger, Washington , D.C, International Council of Shopping Centers, “ Social, Boston Globe Locations: New York, Americas, Brookfield, Nashville , Tennessee, Chelsea , New York, Columbus , Ohio, U.S, Georgetown, Washington ,, , Foxborough , Massachusetts
Tanger CEO Stephen Yalof sits down for exclusive interview with Jim CramerTanger CEO Stephen Yalof sits down with 'Mad Money' host Jim Cramer to talk exclusivley about the state of the consumer, top performing locations, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJanuary's been great and it's bled through to February, as well, says Tanger Factory Outlet CEOMad Money host Jim Cramer talks to Tanger Factory Outlet Center CEO Stephen Yaloff about the company's earnings and outlook for the rest of the year.
We're holding our own against last year, says Tanger CEO Yalof
  + stars: | 2022-11-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're holding our own against last year, says Tanger CEO YalofSteven Yalof, CEO of Tanger Factory Outlets, joins Brian Sullivan and the 'CNBC Special: Taking stock' to discuss whether consumers are hitting the malls and outlets ahead of the holiday season.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Jim Cramer's full interview with Tanger Outlets CEO Stephen YalofTanger Outlets CEO Stephen Yalof appeared on Monday's episode of "Mad Money" with Jim Cramer.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTanger Outlets CEO explains why the company is expanding dining options at shopping centersStephen Yalof, the CEO of Tanger Outlets, appeared on Monday's episode of "Mad Money."
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