Warm Autumn Weather Chills Burlington Q3 Comps

Warm Autumn Weather Chills Burlington Q3 Comps

Unseasonably warm weather this fall moderated Burlington Stores comp sales in its third quarter, although the company made progress year over year with a lift from store growth. Net income was $90.6 million, or $1.40 per diluted share, versus $48.6 million, or 75...
Big Lots Adds to List of Planned Store Closures

Big Lots Adds to List of Planned Store Closures

In a filing with the United States Bankruptcy Court for the District of Delaware, Big Lots identified leases it is ready to depart and stores it is ready to close, now combining for a total of nearly 500. After initially listing 179 leases it was prepared to reject,...