Our Mission

Learn who we are and how we serve our community

Leadership

Meet our leaders, trustees and team

ICSC Foundation

Support up-and-coming professionals

ICSC Exchange

Catch up on industry ideas, news and views

Research

Check out wide-ranging resources that educate and inspire

Global Public Policy

Learn about the governmental initiatives we support

Events

Connect with other professionals at a local, regional or national event

Professional Development

Grow your skills online, in a class or at an event with expert guidance

Find Members

Access our Member Directory and connect with colleagues

Find Outlets

Get data and contact information for shopping outlets

Talent HQ

Search and post jobs, upload your resume or find qualified candidates

Become a Member

Learn about how to join ICSC and the benefits of membership

Renew Membership

Stay connected with ICSC and continue to receive membership benefits

SCT

Burlington to add 50 stores

June 12, 2019

Burlington is set to open about 50 stores this year, building upon first-quarter sales growth of 7.4 percent.

The company, which announced these expansion plans in its first-quarter report, offered no specifics as to the locations of those openings.

Comparable sales edged up by just 0.1 percent during the quarter, but the company says it anticipates a total sales increase of anywhere between 8.5 and 9.2 percent for fiscal 2019, with comp-store sales increases somewhere between 1 and 2 percent.

“While our first-quarter sales results came in at the low end of our expectations, our disciplined expense management enabled us to exceed the high end of our recently updated adjusted earnings per share guidance,” said CEO Tom Kingsbury. "Although we saw strength in our children’s apparel, Baby Depot and home businesses, we remain very focused on improving our underperforming ladies'-apparel business.”

By Edmund Mander

Director, Editor-In-Chief/SCT

SCT Week

Weekly newsletters like SCT Week put retail real estate news and trends in the palm of your hand.

Sign up now