Brevard getting a third Burlington store. The new location will open in March
Burlington is opening its third location in Brevard County and the new store will feature the company's reimagined store layout.
The new location's grand opening is March 7. It's located at 1450 N. Courtenay Parkway in Merritt Island.
Burlington is known as a national discount retailer offering low prices on brand name merchandise including clothing and home items. This will be the 120th store in Florida.
'We're continuing to expand our footprint across the country and are excited to be opening a new store in Merrit Island,' said Michael O'Sullivan, CEO, Burlington Stores. 'We look forward to giving local customers the chance to discover big savings on a wide range of products.'
The first 100 customers Friday, March 7 and Saturday, March 8 will get a $10 Bonus Card toward a purchase. Customers must be 18 to get the Bonus Card.
In honor of the grand opening, Burlington will donate $5,000 to a local high-needs school through a partnership with the national non-profit organization AdoptAClassroom.org. Funds will be used to provide students with classroom materials they need to learn and succeed.
4100 N Wickham Road, St 132, Melbourne
1750 Evans Road, Melbourne
Formerly known as Burlington Coat Factory, the Fortune 500 company sells everything from men's and ladies' apparel and accessories, children's clothing, footwear, home décor and pet toys.
Headquartered in New Jersey, Burlington has 1,103 stores in 46 states, Washington D.C. and Puerto Rico.
Spitzer is a Trending Reporter. She can be reached at MSpitzer@Floridatoday.com.
This article originally appeared on Florida Today: Burlington opening 3rd Brevard location in March on Merritt Island
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 days ago
- Yahoo
Subaru Hawaiʻi donates $25K in supplies to Lahaina school
LAHAINA, Hawaii (KHON2) — Subaru Hawaiʻi, in collaboration with nonprofit donated $25,000 in classroom supplies to King Kamehameha III Elementary, a Lahaina public school that lost its campus in the 2023 wildfires. The school, which has been operating out of a temporary campus in west Maui since losing their campus, saw new supplies for their library and media center. HPU researchers work to fight dangerous fish toxin 'We are honored to give back in a small way to the rebuilding efforts in Lahaina,' said Senior Vice President of Subaru Hawaiʻi Lance Ichimura. 'As part of Subaru's Love Promises, supporting our communities and enabling learning for our keiki are areas we are committed to making a difference in.' The funds were donated in late 2024, and Subaru Hawaiʻi presented the donated items to the school's faculty and staff in May 2025.'We are incredibly grateful for this thoughtful donation,' said Principal Michael McCloskey. 'It provides comfort during this crucial shift from crisis response to recovery and rebuilding, assuring many that our efforts extend beyond reconstructing our community. We're actively building a brighter future for our keiki.' The elementary school, which instructs more than 360 students between pre-kindergarten and the fifth grade, plans to use their temporary campus for up to five years until the state Department of Education is able to permanently relocate them. Download the free KHON2 app for iOS or Android to stay informed on the latest news 'Donations like these alleviate the financial burden so both students and their teachers can focus on learning in the best environment possible,' said Executive Director Ann Pifer. 'While we're no longer in the immediate aftermath of the natural disaster, Lahaina schools still need support. We are grateful that our partners such as Subaru Hawaiʻi are committed to the future of their communities.' For more information on supporting students and teachers, visit Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Axios
6 days ago
- Axios
7 Charlotte companies make 2025 Fortune 500 list
Seven corporations in the Charlotte region have landed on the 2025 Fortune 500 list, which ranks the country's largest companies by revenue. The city has one fewer than last year since chemical manufacturer Albemarle fell off the list. Why it matters: Fortune 500 companies tend to be major employers who bolster the local economy. Zoom out: North Carolina has 11 total companies on the 2025 Fortune 500 list, one fewer than last year. South Carolina has none. 17. Bank of America (up 1 spot) 52. Lowe's (down 3) 119. Honeywell (down 5) 140. Nucor (down 16) 144. Duke Energy (up 4) 168. Truist Financial (down 36) 304. Sonic Automotive (down 8) Between the lines: LPL Financial, which is "dual-headquartered" in Fort Mill, S.C., and San Diego, ranked No. 340 on the Fortune 500 list. The Triangle landed three companies on this year's list: First Citizens BancShares, IQVIA and Advance Auto Parts. Burlington-based Labcorp also made the Fortune 500 list. Zoom in: Albemarle has grappled over the last year with falling lithium prices, and it in turn took measures to lower its prices, CBJ reported. The company's overall revenue fell as a result.
Yahoo
30-05-2025
- Yahoo
Can Burlington's Profit Levers Deflect Tariff Impact? Analysts Weigh In
Burlington Stores, Inc. (NYSE:BURL) shares are trading slightly higher on Friday. On Thursday, the company reported first-quarter adjusted earnings per share of $1.60, beating the analyst consensus estimate of $1.41. Quarterly sales of $2.50 billion missed the Street view of $2.52 billion. The company's CEO, Michael O'Sullivan, stated that while tariffs are expected to significantly impact merchandise margins, he is confident the company can offset this pressure in other areas of the profit and loss statement, provided tariffs do not rise beyond current are the key analysts' views on the company: Telsey Advisory Group analyst Dana Telsey reiterated the Outperform rating on Burlington, lowering the price forecast from $340 to $300. In an analyst note, Telsey noted that acquiring prime retail locations remains a key part of Burlington's strategy to expand its footprint and draw in high-value customers, especially as consumers increasingly prioritize value. However, due to macroeconomic uncertainty and rising costs tied to acquiring leases from bankrupt retailers, Telsey lowered the firm's price forecast. She highlighted that Burlington is adjusting its strategy and staying agile in response to current conditions. While tariffs are creating short-term challenges, management believes it won't cause lasting structural shifts in the retail sector. The company's FY25 outlook factors in a 30% tariff on imports from China and 10% on goods from other countries. To reduce its reliance on China, Burlington is collaborating with vendors and sourcing more products already located in the U.S., Telsey noted. She added that the company has several levers across the cost of goods sold and SG&A to help offset higher costs and support profitability. BofA Securities analyst Lorraine Hutchinson maintained the Buy rating on the stock, with a price forecast of $350. According to Hutchinson, the increased order volatility driven by shifting tariffs could actually improve merchandise availability for the off-price sector. She noted that Burlington's direct sourcing exposure remains modest at 8%, mostly tied to categories like Home and gifting. The analyst has modeled a flat gross margin for the second quarter. She anticipates 60 basis points of pressure on gross margin in the second half of the year as tariffs begin to flow through. However, she suggested that mitigation strategies could offset this future pressure once Burlington and its vendors have had sufficient time to adjust their production processes and pricing structures. The company has also seen strong comp performance at higher price points, with customers responding well to elevated merchandise. Hutchinson stressed that this trend will continue, especially as more price-sensitive consumers shift toward value options in response to broader retail price increases from tariffs. Price Action: BURL shares are trading higher by 0.23% to $228.33 at last check Friday. Read Next:Photo via Shutterstock Date Firm Action From To Mar 2022 Truist Securities Maintains Buy Mar 2022 Morgan Stanley Maintains Overweight Mar 2022 Deutsche Bank Maintains Buy View More Analyst Ratings for BURL View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? BURLINGTON STORES (BURL): Free Stock Analysis Report This article Can Burlington's Profit Levers Deflect Tariff Impact? Analysts Weigh In originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
