Burlington Stores, Inc. Common Stock (BURL)
Frequently Asked Questions About Burlington Stores, Inc. Common Stock (BURL)
Does Burlington offer an e-commerce platform?
Yes, Burlington has an e-commerce platform that allows customers to shop online for a selection of products. The online retail experience complements the in-store shopping experience, providing consumers with convenience and access to exclusive deals and special promotions.
Does Burlington offer any loyalty programs?
Yes, Burlington has implemented a loyalty program known as the Burlington Club, which allows customers to earn rewards and access exclusive coupons and discounts. This program aims to enhance customer retention, encourage repeat purchases, and foster a sense of community among Burlington shoppers.
How does Burlington compete with other retailers?
Burlington competes with other retailers by focusing on its off-price model, which allows it to offer significant discounts on a wide range of products. The company differentiates itself through its unique merchandise selection, strong brand partnerships, and commitment to customer service, positioning itself as a leading choice for shoppers seeking value.
How does Burlington source its merchandise?
Burlington sources its merchandise from a variety of suppliers, including manufacturers and wholesalers, to acquire excess inventory at lower costs. The company strategically purchases items that are in-season, out-of-season, or discontinued, enabling it to maintain a fresh selection of products for customers while keeping prices low.
How has Burlington performed in terms of financial growth?
Burlington has shown considerable financial growth over recent years, marked by increasing revenue, expanding store locations, and a strong demand for off-price retail offerings. The company's strategic initiatives and focus on operational efficiency have contributed to its financial success and improved market position.
How many store locations does Burlington operate?
As of late 2023, Burlington Stores operates over 900 locations across the United States. The company continues to expand its footprint and is focused on increasing its store count in various markets to better serve its growing customer base.
Is Burlington Stores, Inc. publicly traded?
Yes, Burlington Stores, Inc. is publicly traded on the New York Stock Exchange under the ticker symbol 'BURL'. The company went public in 2013 and has since gained attention for its strong growth and performance in the off-price retail sector.
What challenges has Burlington faced?
Burlington, like many retailers, has faced challenges such as supply chain disruptions, shifts in consumer behavior, and increased competition in the off-price retail sector. Additionally, the company has had to adapt to changing shopping habits, particularly during the COVID-19 pandemic, by enhancing its online presence and ensuring the safety of customers and employees.
What does Burlington Stores, Inc. do?
Burlington Stores, Inc. operates as an off-price retailer offering a wide assortment of merchandise, including apparel, footwear, baby items, home goods, and accessories. The company focuses on delivering quality products at discounted prices, making it a popular shopping destination for cost-conscious consumers. Burlington operates stores across the United States and serves a diverse customer base.
What future plans does Burlington have for expansion?
Burlington has plans for continued expansion, aiming to increase its store count and penetrate new markets. The company is also focused on enhancing its e-commerce capabilities, optimizing store layouts for an improved shopping experience, and continually refreshing its inventory to meet customer demands.
What is Burlington's approach to customer service?
Burlington is committed to providing excellent customer service by creating a positive shopping experience for all customers. Store associates are trained to be friendly and knowledgeable, assisting shoppers with product selection and inquiries. The company also focuses on creating an inviting store environment that encourages browsing.
What is Burlington's business model?
Burlington's business model is centered around providing high-quality products at significantly discounted prices compared to traditional retailers. The company buys excess inventory from manufacturers and wholesalers, allowing it to pass savings on to customers. This off-price retailing strategy enables Burlington to attract value-driven shoppers seeking both fashion and affordability.
What is Burlington's commitment to corporate social responsibility?
Burlington Stores is dedicated to corporate social responsibility by engaging in various community initiatives and sustainability practices. The company focuses on giving back to communities through donations, supporting charitable organizations, and adopting environmentally friendly practices to reduce its environmental footprint.
What is the target market for Burlington?
Burlington targets a diverse customer base, primarily focusing on value-conscious shoppers seeking quality products at affordable prices. The company appeals to a wide range of demographics, including families, young professionals, and individuals looking for trendy fashion and home items without breaking the bank.
What types of products does Burlington sell?
Burlington offers a wide variety of products, including apparel for men, women, and children, footwear, accessories, home goods, and baby products. The store features a diverse range of brands and styles, catering to shoppers looking for both branded items and unique finds at competitive prices.
When was Burlington Stores, Inc. founded?
Burlington Stores, Inc. was founded in 1972 as Burlington Coat Factory. Initially focused on selling outerwear, the company expanded its product offerings over the years and rebranded itself to simply 'Burlington' in 2013 to better reflect its broader assortment of merchandise and the evolving retail environment.
Where can investors find more information about Burlington stock?
Investors can find more information about Burlington Stores, Inc. and its stock performance on financial news websites, stock market platforms, and through the company's investor relations page. The investor relations section provides insights into financial reports, earnings calls, and other relevant updates for shareholders and potential investors.
Where is Burlington Stores, Inc. headquartered?
Burlington Stores, Inc. is headquartered in Burlington, New Jersey. The location serves as a central hub for the company's operations, including merchandising, logistics, and corporate functions, facilitating its extensive network of retail stores across the United States.
Who is the CEO of Burlington Stores, Inc.?
As of late 2023, the CEO of Burlington Stores, Inc. is Michael O'Sullivan. He has been with the company since 2019 and brings a wealth of retail experience to the position, leading the company in its growth strategies and operational enhancements to improve customer satisfaction and profitability.
What is the current price of Burlington Stores, Inc. Common Stock?
The current price of Burlington Stores, Inc. Common Stock is 255.09
When was Burlington Stores, Inc. Common Stock last traded?
The last trade of Burlington Stores, Inc. Common Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Burlington Stores, Inc. Common Stock?
The market capitalization of Burlington Stores, Inc. Common Stock is 16.55B
How many shares of Burlington Stores, Inc. Common Stock are outstanding?
Burlington Stores, Inc. Common Stock has 64.88M shares outstanding.