by Mike Duff | Aug 24, 2023 | Retail Articles
Burlington Stores didn’t disappoint in the second quarter, beating a Wall Street earnings expectation and equaling a revenue prediction as it prepared to add new stores and to relocate stores into former Bed Bath & Beyond locations it secured in a bankruptcy...
by Mike Duff | Aug 14, 2023 | Retail Articles
This week is National Bargain Hunting Week with Burlington Stores and Ollie’s announcing their own celebrations of the event. For its part, Ollie’s has released the results of a poll to point up the importance of bargain hunting during the week celebrating the...
by Mike Duff | Jul 11, 2023 | Retail Articles
Although some hope existed that BuyBuyBaby might sell as a complete entity, the retailer did not receive a sufficient offer at auction as an ongoing concern, turning the event into a sale of the company’s intellectual property. As such, the brick-and-mortar chain...
by Mike Duff | Jun 28, 2023 | Featured News, Retail Articles
Bed Bath & Beyond held a lease auction for its store locations on June 26, and Burlington Stores was among the most interested parties. According to Pulse Ratings, Burlington appeared to be a top bid winner at the auction, bidding $12 million for 44 locations. In...
by Mike Duff | Mar 17, 2023 | Retail Articles
Rite Aid Chief Retail Officer Andre Persaud has left the company in an additional high-level executive departure following a tough third quarter. Although it is not providing much in the way of details, Rite Aid issued a statement that said Persaud “is no longer with...