free html hit counter Beloved discount retailer opening 60 more locations months after scooping up 45 Joann stores – My Blog

Beloved discount retailer opening 60 more locations months after scooping up 45 Joann stores

A POPULAR budget retailer is rolling out 60 new locations after snapping up 45 Joann stores.

The US Sun recently reported how hundreds of Joann stores have been closing down over the past several months.

Exterior view of a Burlington store at the former Lycoming Mall.
SOPA Images/LightRocket via Gett

Burlington announced it is opening 60 new stores across 26 states, next month[/caption]

Joann Fabrics store with a "GOING OUT OF BUSINESS" banner.
It comes as the company took on 45 of Joann’s expiring leases

The huge shutdown provided a nice opportunity for incoming retailers to take over the spaces.

And, Retail Dive revealed Burlington took on 45 of Joann’s expiring leases.

These locations can be found in major US states such as California and Texas.

Analysts from the investment bank Evercore said: “Our recent conversations with real estate contacts suggest very little new shopping center growth is planned in the US for the foreseeable future — meaning chains with high store growth ambitions, like [Burlington], will need to be aggressively going after locations from retail bankruptcies along the way.”

Burlington is doing just that, as it opened 101 net new stores in 2024 and relocated 31 older, oversized locations.

In its fourth quarter of 2024, net sales rose 4.8% year over year to almost $3.3 billion.

Meanwhile, Burlington’s net income increased 14.6% to $260.8 million.

The retailed already has more than 1,100 stores in the U.S., covering nearly every state.

Burlington announced it is opening 60 new stores across 26 states, as well as three in Puerto Rico, next month.

Three already welcomed customers last week in New Jersey, New York, and Texas.


Here’s a list of new stores Burlington and when they open:

Arizona

  • Phoenix, 7333 W Thomas Road, Oct, 10
  • Phoenix, 4255 W Thunderbird Road, Oct, 17

California

  • North Highlands, 3615 Elkhorn Boulevard, Sept, 19
  • City of Industry, 21640 Valley Boulevard, Oct, 3
  • Fresno, 4895 E Cesar Chavez Boulevard, Oct, 10
  • Merced, 3138 R Street, Oct, 10
  • Visalia, 720 W. Riggin Avenue, Oct, 10
  • Colton, 1080 S. Mount Vernon Avenue, Oct, 24
  • Montclair, 5200 Moreno Street, Oct, 24
  • Lancaster, 1070 W Avenue K, Oct, 31

Connecticut

  • East Haven, 78 Frontage Road, Oct, 17
  • North Haven, 380 Universal Drive N, Oct, 24

Florida

  • Tampa, 13123 N Dale Mabry Highway, Sept, 19
  • Orlando, 7873 S Orange Blossom Trail, Oct, 17
  • Coconut Creek, 4847 Coconut Creek Parkway, Oct, 31

Georgia

  • Fort Oglethorpe, 2625 Battlefield Parkway, Oct, 10
  • Atlanta, 3303 Buford Highway NE, Oct, 17
  • Lawrenceville, 860 Duluth Highway, Suite 110, Oct, 17
  • Dalton, 1335 W Walnut Avenue, Oct, 24

Idaho

  • Idaho Falls, 3011 S 25th Street East, Oct, 24

Illinois

  • Algonquin, 175 Randall Road, Oct, 3
  • Chicago, 7507 N Clark Street, Oct, 24
  • Chicago, 2554 N Narragansett Avenue, Oct, 31

Kentucky

  • Louisville, 6801 Dixie Highway, Oct, 3

Louisiana

  • Baton Rouge, 10505 S Mall Drive, Oct, 24
  • New Orleans, 500 Port of New Orleans Place Suite 128 and 124, Oct, 24

Maine

  • Bangor, 6 Bangor Mall Boulevard, Sept, 26

Maryland

  • Parkville, 1959 E Joppa Road, Oct, 31

Massachusetts

  • Revere, 151 VFW Parkway Suite 50, Oct, 31

Michigan

  • Grandville, 4655 Canal Avenue SW, Oct, 3
  • Ypsilanti, 3150 Carpenter Road, Oct, 10
  • Livonia, 13477 Middlebelt, Oct, 24

Minnesota

  • St. Paul, 2089 Old Hudson Road, Oct, 31

Missouri

  • Wentzville, 1927 Wentzville Parkway, Oct, 17

Nevada

  • Las Vegas, 5055 W Sahara Avenue, Oct, 17
  • Reno, 1901 Silverada Boulevard, Oct, 31

New Jersey

  • North Bergen, 3129 John F. Kennedy Boulevard Space, Oct, 10

New Mexico

  • Albuquerque, 9500 Montgomery Boulevard NE, Suite A, Oct, 31

New York

  • Irondequoit, 2255 East Ridge Road, Oct, 3
  • Rego Park, 61-35 Junction Boulevard Suite A302, Oct, 3
  • Bay Shore, 1851 Sunrise Highway, Oct, 10

North Carolina

  • Arden, 11 McKenna Road, Oct, 31

Ohio

  • Warrensville Heights, 4063 Richmond Road, Oct, 3

Pennsylvania

  • Warrington, 1015 N Main Street Space 1015, Sept, 19
  • Glenolden, 20 N MacDade Boulevard, Oct, 24
  • Allentown, 3300 Lehigh Street, Oct, 31

Puerto Rico

  • Los Colobos II Carretera 3 KM 14.1, Carolina, Oct, 31
  • Juncos, 1 State Road 31, Oct, 31
  • Mayaguez, 975 Eugenio María de Hostos Avenue Suite 114, Oct, 31

South Carolina

  • Columbia, 6880 Garners Ferry Road, Oct, 31

Tennessee

  • Kingsport, 2626 East Stone Drive Unit 170, Oct, 10
  • Antioch, 5305 Hickory Hollow Parkway, Oct, 17

Texas

  • Laredo, 2420 Bob Bullock Loop, Sept, 26
  • Houston, 4743 Highway 6 N, Oct, 3
  • Houston, 8210 Kirby Drive, Oct, 24
  • McAllen, 3300 W Expressway 83 Unit 200, Oct, 24
  • Arlington, 5781 SW Green Oaks Boulevard, Oct, 31
  • Brownsville, 1601 E Price Road, Oct, 31
  • Lake Jackson, 125 Highway 332 W, Oct, 31

Washington

  • Puyallup, 120 31st Avenue SE, Sept, 19

At least 11 of the new Burlington stores are understood to be former Big Lots, while five were previously Bed Bath & Beyond sites.

Meanwhile two additional Burlington stores were Party City stores.

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.

Exterior of the Burlington Coat Factory building in Manhattan, New York City.
UCG/Universal Images Group via G

Three new Burlington stores already welcomed customers last week in New Jersey, New York, and Texas[/caption]

About admin