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The Latest Breaking News from Burlington

What leasing agreements reveal about the state of brick-and-mortar retail

Jim Taylor, the CEO of Brixmor Property Group, joined TheStreet to discuss the ever-changing state of brick-and-mortar retail.

The Street

Dick's Leads Retail Earnings Rally, Lowe's Takes A Dive Ahead Of Holiday Shopping Season

Dick's Sporting Goods surged early Tuesday after reporting better-than-expected financials and updating guidance as retailers enter the holiday season.

Investors Business Daily

Police shoot dead teenager during traffic stop in North Dakota

Three officers placed on administrative leave after killing of Nicholas Bruington

The Independent UK

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Best patterned tights to elevate your winter style

From elegant argyle to luscious lace, ensure your winter outfits are nothing but ace

Evening Standard

Retailers Raise Red Flags; Analysts Turn Cautious Amid Divergent Results

Retail stocks including Dick's Sporting Goods and Foot Locker took hard hits this week on turns in consumer spending and analyst sentiment.

Investors Business Daily

Slurs When Discussing Rap, Duty of Fair Representation, and Union's Attempt to "Balance the Racial Sensitivities"

From Magistrate Judge Stewart Aaron's Report and Recommendation today in Kelly v. Comm. Workers of Am. (S.D.N.Y.), the factual allegations (assumed to be true for purposes of the motion to dismiss, though of course there hasn't been any finding yet about what the facts actually were): Plaintiff, a Caucasian male,…

Reason

From Walmart to Starbucks: What stores are open on 4 July

Non-essential government offices, banks, post offices and the US stock market will observe the Fourth of July

The Independent UK

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From Starbucks to Walmart: What stores are open on July 4?

Non-essential government offices, banks, post offices and the US stock market will observe the Fourth of July

The Independent UK

TJX, IBD Stock Of The Day, Flirts With Buy Point After Earnings

Stock Of The Day: TJX topped earnings views Wednesday but gave weak guidance. Shares briefly cleared an early buy point.

Investors Business Daily

TJX Stock Nears Buy Zone After Big Profit Jump. Analysts See A Bed Bath & Beyond Opportunity.

TJX stock is close to a buy point after earnings. Analysts see the off-price retailer benefiting in several ways from the Bed Bath & Beyond bankruptcy.

Investors Business Daily

Cottage bathroom ideas – how to get the pretty rustic look perfect for small spaces

Add character to your smallest room with these expert ideas for cottage-style bathrooms

Ideal Home

Burlington Stores Leverages Others' Mistakes, as Off-Price Retail Booms

The off-price retailer is bullish on its future as it snaps up unwanted merchandise from competitors worried about inflation and weak demand.

The Street

‘When we rotated it 90 degrees it was obvious’: mystery sketch is rare Michelangelo draft for Sistine Chapel

Image of man battling serpents is confirmed as preparation for renaissance artist’s masterpiece

The Guardian - UK

Chiefs WR JuJu Smith-Schuster paid off layaway balances at Kansas City Burlington

#Chiefs WR JuJu Smith-Schuster & his @JuJuFoundation recently paid off nearly $10K in Burlington layaway balances to give back to Kansas City families for the holidays.

USA Today Sports Media Group

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Daily Mirror

Thief drags handbags and purses behind him in brazen $5,000 Black Friday raid

The thief, who has not been identified, was captured on CCTV at the Burlington store in Hialeah, Florida, US, stuffing handbags in bin bags during the burglary on November 25

The Philadelphia Inquirer

Burlington Stores employees win $11 million in overtime pay settlement

Discount retailer Burlington Stores, formerly known as Burlington Coat Factory, has agreed to an $11 million settlement in a lawsuit claiming that it refused to pay overtime to assistant store managers who weren't bona fide managers with the power to hire or fire employees but could work 50 to 55…

Benzinga

Q1 Earnings Miss, Dismal Outlook, CFO Appointment: Burlington Stores' Q1 Highlights

Burlington Stores, Inc. (NYSE:BURL) reported a first-quarter FY22 sales decline of 12% year-on-year to $1.93 billion, missing the consensus of $2.04 billion. Comparable store sales decreased by 18%. The gross margin contracted by 230 basis points Y/Y to 41%. The total costs and expenses fell 3.5% Y/Y to $1.9 billion. Adjusted EBIT was…

Investors Business Daily

Dollar Tree, Dollar General Rally On Earnings After Walmart, Target Meltdowns

Dollar Tree and Dollar General beat views Thursday while Burlington Stores missed. But all 3 specialty discounters rose

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Benzinga

Loop Capital Turns Bearish On This Off-Price Retailer On Inflation Fears

Loop Capital analyst Laura Champine downgraded Burlington Stores Inc (NYSE:BURL) to Sell from Hold with a price target of $190, down from $255, suggesting a 15% downside. The analyst warned that inflation and reduced stimulus may lead to reductions in consensus estimates, as those factors disproportionately impact the company's customer base. Champine also believes that…

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