Burlington (department store)

Beyond price tags: What really drives consumer choices in fashion and footwear? Market Force study looks at top retail brands to uncover where consumers are spending and why

Retrieved on: 
Thursday, March 21, 2024
Old Navy, Kohl's, Fabletics, Motivation, Growth, Ross Stores, Nike, CMSO, Risk, H&M, Research, Clothing, Club Monaco, Macy's, Walmart, TJ Maxx, Dillards, Sport, Burlington (department store), Retail

Almost 5,500 (N = 5,462) consumers provided feedback about their experiences across popular department stores and specialty retail brands, providing specific feedback on both clothing and footwear retailers.

Key Points: 
  • Almost 5,500 (N = 5,462) consumers provided feedback about their experiences across popular department stores and specialty retail brands, providing specific feedback on both clothing and footwear retailers.
  • Consumers rated the top department store brands, clearly indicating preference for those they felt were value leaders.
  • The top department store brands in order were: Kohls, TJ Max, Walmart, Macy's, Ross Stores and Target.
  • The lowest performers of the specialty retail store brands included Fabletics, Pacsun, Big 5 Sports, and Club Monaco.

Burlington Stores Kicks Off the Holiday Season with its Coat Event in Partnership with Delivering Good

Retrieved on: 
Monday, November 13, 2023
Family, Burlington (department store), Hope, Partnership, Online shopping, BURLINGTON

BURLINGTON, N.J., Nov. 13, 2023 /PRNewswire/ -- Today, Burlington Stores, the national discount retailer offering everyday low prices on customers' favorite brands for the entire family and home, is excited to announce the launch of its newly created Burlington Coat Event, hosted in partnership with the national non-profit organization, Delivering Good.

Key Points: 
  • BURLINGTON, N.J., Nov. 13, 2023 /PRNewswire/ -- Today, Burlington Stores , the national discount retailer offering everyday low prices on customers' favorite brands for the entire family and home, is excited to announce the launch of its newly created Burlington Coat Event, hosted in partnership with the national non-profit organization, Delivering Good .
  • Now through Thanksgiving Weekend (November 26th), Burlington customers who purchase a coat in-store will receive 10% off their entire purchase redeemable at any Burlington location from December 1st to December 15th.
  • "Families across the country are continuing to face many challenges, and staying warm this holiday season should be the least of their worries," said Matthew Fasciano, President and CEO of Delivering Good.
  • "Our partnership with Burlington helps provide thousands of new coats to community members who need them most."

Acadia Realty Trust Reports Third Quarter Operating Results

Retrieved on: 
Monday, October 30, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Albertsons, NYSE, Verizon Communications, GAAP, Acquisition, FFO, Tenant, T-Mobile, AKR, Risk, NOI, Free Enterprise Fund v. Public Company Accounting Oversight Board, Burlington (department store), NAREIT, Geary, Bank, Cryptocurrency, Lease, Renting, Security (finance), Rare-earth element, Core, Fund, Chipotle

Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended September 30, 2023.

Key Points: 
  • Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended September 30, 2023.
  • Kenneth F. Bernstein, President and CEO of Acadia Realty Trust, commented:
    “This quarter marks the eighth of the last ten quarters with our Core same-property NOI growth at 5% or higher with an average of 6.8% over that period.
  • This compares with net loss of $57.9 million, or $0.61 per share for the quarter ended September 30, 2022.
  • Same-property NOI, excluding redevelopments, increased 5.8% for the quarter ended September 30, 2023 and 5.9% during the nine months ended September 30, 2023.

Acadia Realty Trust Reports Second Quarter Operating Results

Retrieved on: 
Tuesday, August 1, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, AKR, Table, Bed Bath & Beyond, Bed, GAAP, Tenant, Second, Dislocation, FFO, Prince of Broadway, Acquisition, Ranchers-Cattlemen Action Legal Fund v. Sonny Perdue, Burlington (department store), Risk, Investment, NAREIT, NOI, Growth, Verizon Communications, Consolidated, T-Mobile, House, NYSE, Fund, Tutoring, Tourism, Lease, Renting, Commercial property, Security (finance), Environmental remediation, Music, Cryptocurrency, Beauty salon, Sport, Chipotle, Albertsons

Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended June 30, 2023.

Key Points: 
  • Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended June 30, 2023.
  • For the quarter ended June 30, 2023, net earnings per share was $0.09.
  • This quarter marks the seventh of the last nine quarters with same-store NOI growth at 5% or higher with an average of 6.9% overall for the nine quarters.
  • We expect our leasing momentum and executed leases to more than offset the near-term asset repositionings that we have been rightly focused on for some time,” stated Kenneth F. Bernstein, President and CEO of Acadia Realty Trust.

Burlington Stores and AdoptAClassroom.org Launch 7th Annual Fundraising Campaign with $500,000 Donation

Retrieved on: 
Monday, July 24, 2023
Burlington (department store), Partnership, Student, Family, Life, AdoptAClassroom.org, Tutoring

MINNEAPOLIS, July 24, 2023 /PRNewswire/ -- Today, Burlington Stores, the national discount retailer offering everyday low prices on customers' favorite brands for the entire family and home, is excited to announce its 7th consecutive in-store fundraising campaign with the award-winning national nonprofit, AdoptAClassroom.org. With Burlington's renewed community giving plan launched earlier this year, they are pleased to further their partnership with the organization this back-to-school season by helping to equip students in local store communities with the classroom tools and materials they need so they are empowered to live better lives and build better futures.

Key Points: 
  • Now through August 28, 2023, customers can round up their purchase or select a donation amount at checkout at any one of Burlington's 933 store locations.
  • Funds raised will benefit local high-needs classrooms nationwide, providing students with much-needed classroom materials to better learn and succeed.
  • And earlier today, to celebrate the launch of this in-store fundraising campaign, Burlington flash funded 1,000 teachers in high-needs classrooms across the country on AdoptAClassroom.org with $500 each.
  • By providing teachers with the funds they need to purchase classroom supplies, Burlington is helping to build a better future for everyone."

Premier Expands Board of Directors with Appointment of Tom Fitzgerald

Retrieved on: 
Wednesday, May 10, 2023
Construction & Property, Finance, Specialty, Banking, Professional Services, Other Construction & Property, Retail, Residential Building & Real Estate, University, Health, Senior, Business, PepsiCo, Potbelly Sandwich Shop, Bath, Liz Claiborne, Burlington (department store), Sears Canada, Growth, Financial management, NYSE, Charming Charlie, Management

Premier Franchise Management (“Premier”), the largest U.S. residential pool-build and pool-service franchisor, announced that it has appointed Tom Fitzgerald, Chief Financial Officer for Planet Fitness (NYSE: PLNT), to its Board of Directors.

Key Points: 
  • Premier Franchise Management (“Premier”), the largest U.S. residential pool-build and pool-service franchisor, announced that it has appointed Tom Fitzgerald, Chief Financial Officer for Planet Fitness (NYSE: PLNT), to its Board of Directors.
  • “We are pleased to welcome Tom as a director to the Premier Board,” said Paul Porter, founder and Chief Executive Officer of Premier.
  • “He joins Premier at an exciting time in the business and complements our existing board of director’s skills and expertise.
  • “I am excited to work with the Board and leadership team to leverage my experience and help execute against the many opportunities that lay ahead for Premier.”

Acadia Realty Trust Reports First Quarter Operating Results

Retrieved on: 
Tuesday, May 2, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Mohawk Commons (Niskayuna, New York), AKR, Net promoter score, Bed Bath & Beyond, Table, Marshalls, Bed, Brandywine, GAAP, Supermarket, Special dividend, Target, Lowe, FFO, Motion, Acquisition, Free Enterprise Fund v. Public Company Accounting Oversight Board, Burlington (department store), Lowe's, NAREIT, Supreme court, PetSmart, GLA, NOI, Growth, Consolidated, House, Fund, NYSE, Phillips Edison & Company, Financial adviser, Commercial property, Security (finance), Beauty salon, Airline, Holding company, Cryptocurrency, Core, Albertsons

Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2023.

Key Points: 
  • Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2023.
  • For the quarter ended March 31, 2023, net earnings per share was $0.14.
  • The unrealized mark-to-market holding gain on Albertsons was insignificant for the quarter ended March 31, 2023.
  • Therefore, FFO Before Special Items and FFO as defined by NAREIT for the quarter ended March 31, 2023 were both $0.40 per share.

Nordstrom Rack to Open New Location in Macedonia, Ohio

Retrieved on: 
Thursday, April 13, 2023
Nordstrom Rack, Learning, Partnership, Interview, Senior, Route 8, Mentorship, Beauty, Burlington (department store), Best Buy, IABG, Shoe, NYSE, Petco, Department store, Nordstrom

(NYSE: JWN) announced plans to open a new Nordstrom Rack in Macedonia, Ohio.

Key Points: 
  • (NYSE: JWN) announced plans to open a new Nordstrom Rack in Macedonia, Ohio.
  • "We look forward to opening this new Nordstrom Rack location in Macedonia, strengthening our network of stores and introducing new customers to Nordstrom Rack's unique product offering," said Carl Jenkins, Senior Vice President of Nordstrom Rack Stores.
  • "We are thrilled Nordstrom Rack is coming to Macedonia Gateway.
  • Nordstrom Rack is the largest source of new customers to Nordstrom.

Acadia Realty Trust Reports Fourth Quarter and Full Year 2022 Operating Results

Retrieved on: 
Tuesday, February 14, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Lowe, NOI, Motion, Special dividend, Tenant, Phillips Edison & Company, IRR, Target, Bed, Supreme court, Acquisition, Lowe's, Mohawk Commons (Niskayuna, New York), GAAP, Supplement, Sale, Ranchers-Cattlemen Action Legal Fund v. Sonny Perdue, City Point, PetSmart, River Street, Burlington (department store), NAREIT, Marshalls, COVID-19, FFO, ABR, Whole Foods Market, Property management, Cryptocurrency, Pharmaceutical industry, Albertsons, Core, Fund

No Core Portfolio acquisitions were completed for the quarter ended December 31, 2022.

Key Points: 
  • No Core Portfolio acquisitions were completed for the quarter ended December 31, 2022.
  • For the full year 2022, the Company completed Core Portfolio acquisitions of $246.7 million.
  • In December 2022, the Company completed the disposition of 330-340 River Street at attractive pricing for $26.4 million.
  • Please refer to the Company's fourth quarter 2022 supplemental information package for additional details.

True Storage, Store Space Team up on Third-Party Management Deal

Retrieved on: 
Thursday, February 2, 2023
Commercial Building & Real Estate, Construction & Property, Restaurant, Architecture, Landscape architecture design competitions, Third party, Pleasure, GA, Marketing, Partnership, Burlington (department store), Enfield, Storage, Business development, Warehouse

True Storage and Store Space Self Storage announced a third-party management agreement for a new storage property serving the greater Enfield and East Windsor, Connecticut, region.

Key Points: 
  • True Storage and Store Space Self Storage announced a third-party management agreement for a new storage property serving the greater Enfield and East Windsor, Connecticut, region.
  • “True Storage is well-known for their high-quality conversions and ground-up projects, which fit in nicely with the Store Space brand,” said Rob Moreno, VP of Business Development.
  • Store Space, whose motto is Storage That Cares, is proud to partner with True Storage, which supports a wide range of endeavors and charitable causes in the communities it serves.
  • "We began our relationship with True Storage in 2022, with the Store Space located at 2324 Sagamore Parkway South in Lafayette, Indiana," said Frank Forcier, Director of Third Party Management for Store Space.