Burlington Stores' strategy to open smaller, 25,000 square foot prototype stores is yielding positive results, as reported on January 13, 2025. These new locations are often situated in busy strip malls with national co-tenants.
Early performance data from these new stores indicates they are running ahead of the benchmark expectation of $7 million in sales in their first full year. This strong performance validates the company's real estate strategy.
Store relocations, aimed at right-sizing locations and improving competitive positioning, are also seeing sales lifts well ahead of the expected 10% average. The attractive rate of return on these new store openings and relocations reinforces management's confidence in the expansion plan.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.