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-0.000155005115168836 -0.00322410639551094 -0.00528567442725605 -0.00706823325169722 -0.00291409616517344 0.0124081594692625 0.00392162941377061 0.00471215550113166
Stock impact report

Burlington builds automated, 2M-square-foot Arizona distribution center [Yahoo! Finance]

Burlington Stores, Inc. (BURL) 
Last burlington stores, inc. earnings: 3/5 06:45 am Check Earnings Report
US:NYSE Investor Relations: burlingtoninvestors.com
Company Research Source: Yahoo! Finance
Dive Brief: Burlington Stores announced it broke ground on a new distribution center in Buckeye, Arizona, located near Phoenix. The facility is expected to open in 2028, according to an April 8 press release The off-price retailer said the 2 million-square-foot facility is its most advanced to date, with engineering to keep up with the speed of off-price retail. Burlington said the new facility will be “highly automated” with advanced sorting systems and custom software, leading to faster daily operations, per the press release. Dive Insight: Burlington continues to add new distribution centers as it works to shift the majority of its supply and processing to more efficient facilities, per a Q4 earnings call on March 5 The off-price retailer announced last year it had agreed to purchase two of its leased distribution centers: one in Savannah, Georgia, and another in Riverside, California. The Savannah facility is expected to open this spring, EVP and CFO Kristin Wolfe sai Show less Read more
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