Company profile

Future of Burlington Stores

#
Rank
933
| Quantumrun Global 1000

Burlington Coat Factory, presently known as Burlington, is a US national off-price department store retailer, is a segment of Burlington Coat Factory Warehouse Corporation with 591 stores in 45 states and Puerto Rico with. Its headquartered in Burlington Township, New Jersey.

Home Country:
Sector:
Industry:
Specialty Retailers
Founded:
1972
Global employee count:
40000
Domestic employee count:
34100
Number of domestic locations:
591

Financial Health

Revenue:
$5566038000 USD
3y average revenue:
$5159824667 USD
Operating expenses:
$1723300000 USD
3y average expenses:
$1613966667 USD
Funds in reserve:
$81597000 USD
Market country
Revenue from country
1.00

Asset Performance

  1. Product/Service/Dept. name
    Women's apparel
    Product/Service revenue
    1200000000
  2. Product/Service/Dept. name
    Accessories and footwear
    Product/Service revenue
    1120000000
  3. Product/Service/Dept. name
    Menswear
    Product/Service revenue
    11200000000

Innovation assets and Pipeline

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the retail sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, omnichannel is inevitable. Brick and mortar will merge completely by the mid-2020s to a point where a retailer’s physical and digital properties will complement each other’s sales.
*Pure e-commerce is dying. Starting with the clicks-to-bricks trend that emerged in the early 2010s, pure e-commerce retailers will find that they need to invest in physical locations to grow their revenue and market share within their respective niches.
*Physical retail is the future of branding. Future shoppers are looking to shop at physical retail stores that offer memorable, shareable, and easy to use (tech-enabled) shopping experiences.
*The marginal cost of producing physical goods will reach near zero by the late-2030s due to significant oncoming advancements in energy production, logistics, and automation. As a result, retailers will no longer be able to effectively outcompete each other on price alone. They will have to re-focus on brand—to sell ideas, more so than just products. This is because in this brave new world where anyone can practically buy anything, it’s no longer ownership that will separate the rich from the poor, it’s access. Access to exclusive brands and experiences. Access will become the new wealth of the future by the late 2030s.
*By the late 2030s, once physical goods become plentiful and cheap enough, they will be viewed more as a service than a luxury. And like music and film/television, all retail will become subscription based businesses.
*RFID tags, a technology used to track physical goods remotely (and a technology that retailers have used since the 80s), will finally lose their cost and technology limitations. As a result, retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. This is crucial because RFID tech, when coupled with the Internet of Things (IoT), is an enabling technology, enabling the enhanced inventory awareness that will result in a range of new retail technologies.

COMPANY’S FUTURE PROSPECTS

Company Headlines