Burlington is the #3 US off-price retailer — behind TJX and Ross — selling brand-name apparel, accessories, home goods and coats at 20-60% below department-store prices. It doesn't design or make anything: it opportunistically buys manufacturers' overstock, cancelled orders and closeouts, flows them through its distribution centers, and sells them across ~1,100 no-frills stores. FY2024 net sales were ~$10.6B and it earned ~$504M.
What Burlington Stores, Inc. really sells
Burlington is the #3 US off-price retailer — behind TJX and Ross — selling brand-name apparel, accessories, home goods and coats at 20-60% below department-store prices. It doesn't design or make anything: it opportunistically buys manufacturers' overstock, cancelled orders and closeouts, flows them through its distribution centers, and sells them across ~1,100 no-frills stores. FY2024 net sales were ~$10.6B and it earned ~$504M.