In an era where consumer confidence is being tested by inflation and rising living costs, off-price retailers like Burlington Stores and Ross Stores are doubling down on strategies that emphasize value and flexibility. Both companies have adapted to increased demand for discounts by balancing quality,...
Cost-conscious customers from all income levels are helping drive sales at Burlington Stores. The off-price retailer saw its total sales increase by 11% during the first quarter of the year, according to earnings released Thursday (May 30). Speaking during a call with analysts, CEO Michael...
The decision to shut down an online business to prioritize a brick-and-mortar retail strategy might seem counterintuitive. However, there are instances where this move could make perfect sense, driven by factors like inflation and the sensory experience offered by physical stores. HomeGoods announced Wednesday (Oct....
Burlington Stores’ stock price saw a double-digit, pre-market dip Thursday (March 3) triggered by the company’s fourth-quarter earnings report and the announcement that the clothing retailer had seen a decline in foot traffic to its brick-and-mortar stores for the three-month period. Overall, Burlington Stores saw...
August 31, 2026
Off-price clothing retailer Burlington is the latest company using tariff refunds to reduce prices. “It feels like the right thing to do for our customers,” CEO Michael O’Sullivan said on the company’s earnings call last week. “Over the last few years, many households, especially moderate- to lower-income families, have struggled with the higher cost of living — higher prices on essentials […]
May 30, 2024
Cost-conscious customers from all income levels are helping drive sales at Burlington Stores. The off-price retailer saw its total sales increase by 11% during the first quarter of the year,...
March 03, 2022
Burlington Stores’ stock price saw a double-digit, pre-market dip Thursday (March 3) triggered by the company’s fourth-quarter earnings report and the announcement that the clothing retailer had seen a decline...
April 14, 2020
There are battles brewing between landlords and large company tenants that haven’t paid rent during the coronavirus pandemic, including luminary names like Petco, Dick’s Sporting Goods and Victoria’s Secret, according...