One discount clothing chain thinks it can step in to fill some of those vacancies. Burlington Stores plans to open 100 new stores this year and sees an opportunity to reach 2,000 US stores in the future, the company said Thursday. 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." When designer brands produce too many clothes or department stores cancel orders, Burlington steps in to buy the leftover inventory. 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.
Source: The Nation March 05, 2021 20:07 UTC