Thursday, June 13, 2019

Burlington opening 50 new stores in continued expansion, bucking latest retail trend
Burlington Stores, formerly Burlington Coat Factory, will open 50 new stores this year.

The company announced it will continue its expansion this year with an investment of $310 million.

During the first quarter of the year, new and non-comparable stores added $121 million in sales. The company saw strong earnings, with sales increasing 7.4 percent and comparable store sales jumping 0.1 percent.. . . more