Tanger CEO says World Cup drove up traffic, sales this summer

Tanger CEO Stephen Yalof said the store operator saw traffic increase in June and July due to international and domestic tourism tied to the World Cup.

"We knew when you get these new visitors that come for a huge magnet event like World Cup, you've got one opportunity to introduce them to your brand, and then hopefully they become a great ambassador for the brand if they have a great experience," Yalof told CNBC on Wednesday.

The company, which has shopping centers in eight of the 11 host cities for the tournament, said it also saw sales increase and its athletic brands perform strongly amid a boom in excitement and business around the World Cup.

"Traffic drives sales. Traffic and sales always move together," Yalof said. "For the year, we're up about 5% sales-wise, which is pretty substantial."

Yalof said the company saw World Cup tourists looking for a "real American experience," like eating at a Chick-Fil-A or listening to American music, noting that many of those options are located within the four walls of a Tanger center or next to one.

"What we add to the mix is that value shopping experience, particularly in our outlet centers, which give these customers the opportunity to shop American brands like Polo and Michael Kors and Kate Spade and Coach and Nike, and buy that product at the best possible price," he added.

Yalof said the company was prepared to take the most advantage of summer traffic from the World Cup to build "long-term customer loyalty" for its products and brands.

He said the company also saw more domestic traffic, as more Americans choose to travel within the country this year due to rising oil prices and the current geopolitical macroenvironment.