Burlington news and archive

Burlington Stores reports strong Q2 performance, raises full-year guidance

Burlington Stores, Inc., a US-based off-price retailer, has announced a 10 percent increase in total sales to 2.70 billion dollars for its second quarter of fiscal year 2025. This performance follows a 13 percent increase in the same period last year. Comparable store sales also saw a 5 percent rise, building on a 5 percent gain from the second...

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Business

Value-focused shoppers drive Q2 traffic at off-price retailers

Cost-conscious consumers continued to fuel momentum for US off-price chains in the second quarter, with Placer.ai data pointing to strong year-on-year traffic gains at TJX, Ross and Burlington ahead of their earnings releases. By contrast, department store operators Kohl’s and Macy’s saw notable declines, underscoring the bifurcation in consumer...

Retail

Burlington continues roll-out of nationwide store refresh

Off-price retailer Burlington Stores, Inc. is continuing its rollout of its refreshed in-store retail experience. The new and enhanced retail experience includes a new store layout that is designed to improve the shopping experience, with thoughtfully organized aisles and a more open layout to make it easier for customers to find their favorite...

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Business

Burlington's off-price model fuels sales growth

Burlington Stores reported a 5 percent increase in fourth-quarter sales to 3.3 billion dollars, driven by a 6 percent rise in comparable store sales, reflecting strong demand for its off-price model. The company’s net income grew to 267 million dollars or 4.13 dollars per share, while EBITDA increased to 456 million dollars and EBIT to 364...

Retail

High levels of lead found in accessories sold at off-price retailers

A new report has found high levels of lead in leather and faux leather fashion accessories, including handbags, wallets, shoes, and belts sold at off-price retailers Ross and Burlington. The report, published by nonprofit watchdog the Center for Environmental Health (CEH), traces 13 years of systemic toxic levels found in products sold at Ross...