State Republicans quickly jumped on victory - despite deploying no resources in the race. All rights reserved.Even Durr harbored doubts about his chances and wasn’t ready to declare victory in a Wednesday interview, telling POLITICO he was “walking on eggshells” until the results became official. The-CNN-Wire & 2021 Cable News Network, Inc., a WarnerMedia Company. Burlington in the past has moved into stores previously occupied by chains that filed for bankruptcy such as K-Mart, Toys 'R' Us, Bon-Ton and Sports Authority, he said. 'Unfortunately, it has been a difficult few years for brick-and-mortar retail, so Burlington should have a wealth of available options,' Ritter said in an email. Both chains filed for Chapter 11 bankruptcy protection in 2020 and are closing all their stores. With its new smaller stores, Burlington may move into Pier 1 or Modell's Sporting Goods locations, said David Ritter, managing director at Alvarez & Marsal Consumer and Retail Group. 'But we anticipate that other shoppers, more value-oriented shoppers, will find their way to off-price.'īurlington also said it will open smaller stores in the future that carry less merchandise and have lower operating costs than traditional stores. SEE ALSO: Dollar Tree announces new locations including plan for Family Dollar combination storesĪs stores close, 'many shoppers, especially more affluent, time-starved shoppers, will migrate more of their spending online,' O'Sullivan predicts. That approach allows it to rotate in new styles and fashions to drive shoppers to stores, say analysts, and contributes to its 'treasure hunt' appeal. When designer brands produce too many clothes or department stores cancel orders, Burlington steps in to buy the leftover inventory. Instead, the site tells visitors to think of it as a guide to their next trip to its stores.īurlington has what it calls an 'opportunistic buying' approach to securing inventory. And it doesn't sell products through its website. Only 25% of its transactions are through credit cards, and the company's core shoppers typically make less than customers who shop at department stores and online competitors, according to the company.

Burlington said in a news release that it was increasing its total store target because of the 'opportunity presented by accelerating retail disruption and industry wide store closures.'īurlington offers women, men and kids' clothing, home goods, footwear and says it sells its merchandise at up to 60% below other retailers' prices.

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