Burlington to Pilot Smaller-Format Stores for Cost and Margin Gains
BURL•Burlington is overhauling its retail footprint by introducing a smaller-format store model to reduce real estate and operating expenses. The off-price retailer plans to pilot the new design in select markets, aiming to boost sales per square foot and improve margins.
1. Transformation Plan
Burlington is launching a strategic initiative to downsize its average store footprint by introducing a compact, smaller-format concept. The company will pilot this model in key markets to lower real estate and operating costs, increase sales per square foot and drive enhanced profitability over the long term.
