A range of retailers across channels are responding to the coronavirus outbreak with moves to temporarily close their stores, reduce store hours and other consumer and employee oriented initiatives.
Off-price retailer Burlington Stores is getting out of the e-commerce business. As with other off-price retailers, the company wants to focus on the store experience.
Burlington Stores has appointed John Crimmins chief financial officer.
Burlington Stores’ Marc Katz has resigned as the company’s chief financial officer/principal, effective immediately, to pursue other professional opportunities. John Crimmins, evp/finance and chief accounting officer, has been appointed interim chief financial officer.
Alliance Data Systems has signed a new agreement to provide private label credit card services and a loyalty program for off-price retailer Burlington Stores.
HomeWorld’s first annual Retailers to Watch, in the November 6 issue, looks at eight retailers from various channels making big moves to reinforce their futures.