free html hit counter Beloved ‘off-price retailer’ to open 55 stores this fall after scooping up stash of Joann stores – My Blog

Beloved ‘off-price retailer’ to open 55 stores this fall after scooping up stash of Joann stores


A BELOVED retailer will open 55 new stores this fall in 24 US states and Puerto Rico, with the continued aim of expanding to 1,000 stores.

Burlington has confirmed that its new stores will feature a “more efficient” store design, and that the first batch will be opened tomorrow.

A Burlington store in Manhattan, with a woman and child entering.
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Burlington will open 55 new stores across October and November[/caption]

It comes after Burlington bought up 45 expiring leases from the now defunct Joann Fabrics in May and June.

These leases were bought in states including California and Texas.

Burlington will continue this growth with 55 new stores opening across October and November 2025.

Burlington Stores CEO Michael O’Sullivan told USA Today in a statement that the company is committed to its shoppers.

He said: We’re thrilled to continue growing Burlington’s presence nationwide and in Puerto Rico.

“Our new and refreshed fleet of stores provides customers with an improved shopping experience and amazing deals every day.

“Today’s Burlington is focused on delivering the value, styles, and brands our customers love in stores that are neat, clean and exciting to shop.”

The company has listed where these stores will be coming to on its website.

The first opening date is set for October 3, which will bring a slew of new stores.

New stores will be opened on this date in the City of Industry, California, Algonquin, Illinois, Grandville, Michigan and Irondequoit, New York.


These locations will feature a “smaller, more efficient design”, according to the company.

Burlington will also convert its existing stores to the new format by the end of 2026.

GROWTH MINDSET

In 2024, Burlington opened 101 new stores and relocated 31 older, oversized locations, according to a company press release.

The company reportedly paid over $50,000 for the 45 Joann locations.

BRANDS HARD HIT BY BANKRUPTCIES

Many chains have struggled to adapt to a post-Covid retail landscape, with several companies filing for bankruptcy

JoAnn Fabrics and Crafts announced it would close all 800 stores after filing for bankruptcy twice in a year.

Hooters announced plans to file for Chapter 11 bankruptcy protection in February.

Liberated Brands announced that it would be closing all 122 retail locations for its boardsport fashion brands Quiksilver, Billabong, and Volcom.

Forever 21 shut down its headquarters after filing for bankruptcy and laying off 358 employees.

Macy’s announced major restructuring plans amid mass store closures.

Other chains like Hobby Lobby and Boot Barn took over some expiring Joann leases, too.

Burlington similarly pounced on the struggling Bed Bath & Beyond brand a few years ago.

In 2023, while Bed Bath & Beyond was struggling with bankruptcy, Burlington moved into 44 of the chain’s former locations.

At the time, Sullivan admitted that Burlington kept a close eye on bankrupt competitors.

The CEO told CNN: “We have a very strong real estate team that has a lot of experience dealing with retail bankruptcies.

“Many of our most successful and productive stores today were once upon a time Circuit City, Toys R Us, Sports Authority, Linens ’N Things.”

During its bankruptcy filing, Bed Bath & Beyond closed 360 physical locations and 120 buybuy BABY stores.

Since then, the company has found renewed success, a recently relaunched itself under the name The Brand House Collective.

Bed Bath & Beyond announced a new partnership with the brand Kirkland’s Home.

Together, The Brand House Collective will convert 300 stores into a new shared format.

Joann Fabrics and Crafts store in Tigard, Oregon.
Alamy

It comes after Burlington bought up 45 expiring leases from the now defunct Joann Fabrics in May and June[/caption]

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