As seen in CNN
A record number of stores are closing across America. One discount clothing chain thinks it can step in to fill some of those vacancies.
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Burlington Stores plans to open 100 new stores this year and sees an opportunity to reach 2,000 US stores in the future, the company said Thursday. Previously, Burlington (formerly known as Burlington Coat Factory) expected to build 1,000 stores. It currently has more than 750 outlets.
Burlington said in a news release that it was increasing its total store target because of the “opportunity presented by accelerating retail disruption and industry wide store closures.”