Developer docs
API playgroundTry for free, no card

Search company profiles

Burlington

Full company profile

uuid0006gmy

Namestring
Burlington
Legal namestring
Burlington Stores Inc.
Company typeenum
Public
Founded yearint
1924
Descriptiontext

Burlington Industries Philippines, founded in 1967 and headquartered in Makati, Philippines, manufactures and markets socks, hosiery, and related apparel under a portfolio of six distinct consumer brands. The company serves men, women, and children across the Philippines with products spanning sports, casual, fashion, and dress sock categories, complemented by t-shirts, underwear, footwear, belts, wallets, gloves, and foot-care accessories. Its brand portfolio is organized as: Burlington (core sock brand), Biofresh (antimicrobial and odor-control hosiery and foot care), Dri+ (moisture-wicking performance apparel and activewear), Knit (fashion socks featuring licensed characters), Bally (premium mercerized-cotton dress and casual socks), and Puma (licensed athletic socks and apparel).

Underlying product technologies are limited to functional material treatments—antimicrobial finishes in Biofresh and moisture-wicking/quick-dry fabrics in Dri+—with no software platform, proprietary digital system, AI, or app documented in the input. The product range is sold through a company-operated e-commerce site (burlingtonphils.com) and physical retail locations in the Philippines, with items grouped into consumer-facing price tiers (below ₱299, ₱499, ₱999, ₱1,999). Burlington Philippines employs 101–250 staff and operates exclusively in the domestic Philippine market per the available data.

Short descriptiontext

Burlington Industries Philippines, founded in 1967 and based in Makati, manufactures and markets socks, hosiery, and related apparel under six brands—Burlington, Biofresh, Dri+, Knit, Bally, and Puma—serving men, women, and children in the Philippines through e-commerce and physical retail.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersMakati, Philippines
HQ citystring
Makati
HQ countrystring
Philippines
HQ regionstring
Asia
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hosiery products, socks manufacturing, athletic socks, comfort apparel, undergarments retail
Industry3 codes
1Athletic / Performance & Activewear Brands
CodeCRAAAAADPrimaryYes
2Intimates, Hosiery & Sleepwear Wholesale
CodeCRAOADAGPrimaryNo
3Underwear & Socks (Children)
CodeCRAAAHAIPrimaryNo
NAICS code2 codes
  • Apparel Manufacturing315
  • Apparel Accessories and Other Apparel Manufacturing3159
SIC code2 codes
  • Women's, Misses', Children's & Infants' Undergarments2340
  • Apparel & Other Finishd Prods Of Fabrics & Similar Matl2300
Product category
Hosiery Manufacturing
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model1 record
1Retail Sales
TypeOne Time License
Description

Burlington generates revenue through its off-price retail model, selling brand-name apparel, home goods, and other merchandise at discounted prices. The company operates over 1,000 stores nationwide.

foxbusiness.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure
Pricing details1 tier
1Off-price retail model with discounted brand-name merchandise
ModelUnit Pricing
Notes

Burlington offers discounted prices on brand-name apparel, home goods, and other merchandise, passing on savings from opportunistic purchasing and inventory management to consumers.

foxbusiness.com
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Burlington manufactures and markets socks, hosiery, and related apparel under multiple brands (Burlington, Biofresh, Dri+, Knit, Bally, Puma) for men, women, and children. The portfolio covers sports, casual, fashion, and dress categories and extends into apparel, footwear, accessories, and foot care products sold through the company's e-commerce platform and physical store locations in the Philippines.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 16% year-over-year EPS growth (adjusted EPS $1.80)
+2 more records
Product overview1 text field

Burlington Industries Philippines is a hosiery and comfort essentials company operating as one unified company with six distinct brands: Burlington (core sock brand), Biofresh (antimicrobial/foot care), Dri+ (performance activewear), Knit (fun fashion styles), Bally (premium luxury), and Puma (sport athletic). The portfolio spans socks for men, women, and children across sports, casual, dress, and fashion categories, complemented by apparel (t-shirts, jackets, underwear), footwear, accessories (belts, wallets, gloves), and foot care products. Products are sold through the company's e-commerce platform and physical store locations in the Philippines.

Product and service9 records
1Burlington (Core Hosiery Brand)
CategoryHosiery
Description

The company's primary sock brand offering various styles including sports socks, casual socks, dress socks, and fashion socks for men, women, and children in materials including cotton, nylon, and performance fabrics.

2Biofresh Antimicrobial Hosiery
CategoryHosiery
Description

Antimicrobial hosiery brand featuring odor-free, sweat-absorbent socks and foot care products with antimicrobial properties.

3Dri+ Performance Apparel
CategoryPerformance Apparel
Description

Performance apparel and accessories brand featuring moisture-wicking, quick-dry products including shirts, balaclavas, and neck gaiters for active lifestyles.

4Knit Fashion Socks
CategoryHosiery
Description

Fun, bold-style socks and apparel featuring creative designs including licensed characters (Superman, Flash) and patterned crew socks.

5Bally Premium Socks
CategoryHosiery
Description

Premium luxury-comfort socks and accessories featuring mercerized cotton and high-quality materials for dress and casual wear.

6Puma Athletic Socks and Apparel
CategoryAthletic Apparel
Description

Sport-oriented socks and apparel line featuring Puma-branded athletic socks and shirts for various sports activities.

7Footwear
CategoryFootwear
Description

Shoes and sneakers for men including riding shoes and casual athletic footwear.

8Foot Care Products
CategoryFoot Care
Description

Foot care essentials including antimicrobial foot powder, foot spray, helmet deodorizer, and arch supports.

9Men's and Women's Accessories
CategoryAccessories
Description

Accessories including belts, wallets, gloves, balaclavas, foot accessories, vests, and rainwear.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2026-04-14
Description

SimonCRE developed Lobo Crossing, a 363,000-square-foot open-air retail center in Albuquerque, NM with Burlington as a major national brand tenant. The $150 million development is the largest retail project in New Mexico in decades, with 90% pre-leased prior to closing.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2026-04-14
Description

UNM sold approximately 38 acres of South Campus land to SimonCRE for the Lobo Crossing development. The project is a key component of UNM's long-term vision to transform its South Campus into a sports, entertainment, and innovation district, made feasible through a Tax Increment for Development District.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-03-24
Description

Victoria's city government attracted Burlington and Ulta to Victoria Village through strategic recruitment efforts as part of the city's broader retail development and small business support strategies.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-18
Description

Burlington expanded its office presence at Empire State Realty Trust's Midtown South tower to nearly 210,000 square feet of space. This marks the retailer's fourth consecutive office expansion at the property since 2010, representing continued growth for both the retailer and commercial landlord.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

German premium hosiery and sportswear brand manufacturing its own socks and apparel. Comparable to Burlington's premium Bally line and its multi-category (sock + apparel) branded approach.

TypeDirect peer
Description

US sock and hosiery manufacturer producing branded and licensed products (including licensed sport socks). Directly comparable to Burlington's core manufacturing-plus-licensing model in the socks category.

TypeDirect peer
Description

Large US-based apparel manufacturer with a major hosiery and innerwear portfolio (Hanes, L'eggs, Champion, Bonds). Comparable as a multi-brand hosiery/intimates manufacturer with branded and licensed product lines, though operating at vastly larger global scale.

TypeDirect peer
Description

US hosiery manufacturer with brands such as HUE and No Nonsense. Comparable as a hosiery-focused manufacturer serving mass and specialty channels.

5Aristoc
TypeDirect peer
Description

UK hosiery and sock brand with a long operating history. Comparable to Burlington as a branded socks/hosiery specialist selling across price points.

TypeDirect peer
Description

UK heritage hosiery brand covering tights, stockings, and socks. Comparable to Burlington's hosiery-led brand portfolio targeting women's legwear and socks.

TypeEmerging player
Description

US shapewear, undergarments, and activewear brand with comparable product adjacencies to Burlington's shapewear, seamless bras, and activewear lines, though Spanx is a brand-led retailer rather than a manufacturer.

TypeOthers
Description

Global sport apparel and footwear brand that licenses its sock and apparel line to Burlington. Connected as a licensor and as an adjacent performance apparel category benchmark for Burlington's Dri+ and Puma-branded ranges.

TypeBroad incumbent
Description

Global sport apparel and footwear incumbent with socks and activewear categories. Comparable as a performance-apparel benchmark and potential licensor/competitor relevant to Burlington's Dri+ and Puma-licensed lines.

TypeBroad incumbent
Description

PVH operates multi-brand apparel platforms (Calvin Klein, Tommy Hilfiger) including intimates and socks. Comparable as a broader apparel brand operator that licenses or manufactures across intimates and socks categories.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Burlington

Hosiery Manufacturingburlingtonphils.com

Burlington Industries Philippines, founded in 1967 and based in Makati, manufactures and markets socks, hosiery, and related apparel under six brands—Burlington, Biofresh, Dri+, Knit, Bally, and Puma—serving men, women, and children in the Philippines through e-commerce and physical retail.

What Burlington does

Burlington Industries Philippines, founded in 1967 and headquartered in Makati, Philippines, manufactures and markets socks, hosiery, and related apparel under a portfolio of six distinct consumer brands. The company serves men, women, and children across the Philippines with products spanning sports, casual, fashion, and dress sock categories, complemented by t-shirts, underwear, footwear, belts, wallets, gloves, and foot-care accessories. Its brand portfolio is organized as: Burlington (core sock brand), Biofresh (antimicrobial and odor-control hosiery and foot care), Dri+ (moisture-wicking performance apparel and activewear), Knit (fashion socks featuring licensed characters), Bally (premium mercerized-cotton dress and casual socks), and Puma (licensed athletic socks and apparel).

Underlying product technologies are limited to functional material treatments—antimicrobial finishes in Biofresh and moisture-wicking/quick-dry fabrics in Dri+—with no software platform, proprietary digital system, AI, or app documented in the input. The product range is sold through a company-operated e-commerce site (burlingtonphils.com) and physical retail locations in the Philippines, with items grouped into consumer-facing price tiers (below ₱299, ₱499, ₱999, ₱1,999). Burlington Philippines employs 101–250 staff and operates exclusively in the domestic Philippine market per the available data.

Burlington firmographics

Firmographics
Name
Burlington
Legal name
Burlington Stores Inc.
Website
https://burlingtonphils.com
Company type
Public
Founded year
1924
Operating status
Operating
Headcount range
101–250 employees
Short description
Burlington Industries Philippines, founded in 1967 and based in Makati, manufactures and markets socks, hosiery, and related apparel under six brands—Burlington, Biofresh, Dri+, Knit, Bally, and Puma—serving men, women, and children in the Philippines through e-commerce and physical retail.
Ownership category
akta.pro rank

Burlington industry classification

Industry
Product category
Hosiery Manufacturing
NAICS
Apparel Manufacturing (315), Apparel Accessories and Other Apparel Manufacturing (3159)
SIC
Women's, Misses', Children's & Infants' Undergarments (2340), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300)
akta.pro primary industry
Athletic / Performance & Activewear Brands (CRAAAAAD)
akta.pro secondary industries
Intimates, Hosiery & Sleepwear Wholesale (CRAOADAG), Underwear & Socks (Children) (CRAAAHAI)

Keywords

  • Hosiery products
  • Socks manufacturing
  • Athletic socks
  • Comfort apparel
  • Undergarments retail

Where Burlington is headquartered

Location

Headquarters

HQ city
Makati
HQ country
Philippines
HQ region
Asia

Offices3 records

Markets served

Burlington business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

  1. Retail Sales: Burlington generates revenue through its off-price retail model, selling brand-name apparel, home goods, and other merchandise at discounted prices. The company operates over 1,000 stores nationwide.

Pricing tiers

ModelBillingPrice
Unit Pricing—Off-price retail model with discounted brand-name merchandise

Go-to-market motion3 records

Distribution channels1 record

Marketing channels3 records

Burlington product offering

Product offering

Core offering

Burlington manufactures and markets socks, hosiery, and related apparel under multiple brands (Burlington, Biofresh, Dri+, Knit, Bally, Puma) for men, women, and children. The portfolio covers sports, casual, fashion, and dress categories and extends into apparel, footwear, accessories, and foot care products sold through the company's e-commerce platform and physical store locations in the Philippines.

Product overview

Burlington Industries Philippines is a hosiery and comfort essentials company operating as one unified company with six distinct brands: Burlington (core sock brand), Biofresh (antimicrobial/foot care), Dri+ (performance activewear), Knit (fun fashion styles), Bally (premium luxury), and Puma (sport athletic). The portfolio spans socks for men, women, and children across sports, casual, dress, and fashion categories, complemented by apparel (t-shirts, jackets, underwear), footwear, accessories (belts, wallets, gloves), and foot care products. Products are sold through the company's e-commerce platform and physical store locations in the Philippines.

Differentiator

Problem solved

Functional benefit

Products and services

  • Burlington (Core Hosiery Brand) The company's primary sock brand offering various styles including sports socks, casual socks, dress socks, and fashion socks for men, women, and children in materials including cotton, nylon, and performance fabrics.
  • Biofresh Antimicrobial Hosiery Antimicrobial hosiery brand featuring odor-free, sweat-absorbent socks and foot care products with antimicrobial properties.
  • Dri+ Performance Apparel Performance apparel and accessories brand featuring moisture-wicking, quick-dry products including shirts, balaclavas, and neck gaiters for active lifestyles.
  • Knit Fashion Socks Fun, bold-style socks and apparel featuring creative designs including licensed characters (Superman, Flash) and patterned crew socks.
  • Bally Premium Socks Premium luxury-comfort socks and accessories featuring mercerized cotton and high-quality materials for dress and casual wear.
  • Puma Athletic Socks and Apparel Sport-oriented socks and apparel line featuring Puma-branded athletic socks and shirts for various sports activities.
  • Footwear Shoes and sneakers for men including riding shoes and casual athletic footwear.
  • Foot Care Products Foot care essentials including antimicrobial foot powder, foot spray, helmet deodorizer, and arch supports.
  • Men's and Women's Accessories Accessories including belts, wallets, gloves, balaclavas, foot accessories, vests, and rainwear.

Quantifiable outcome

  • 16% year-over-year EPS growth (adjusted EPS $1.80)
  • +2 more outcomes

Companies that use Burlington

Customer profile

Named customers7 records

Segments3 records

Ideal customer profiles1 record

Burlington technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Burlington partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered major, minor and core.

  • SimonCREmajorStrategic or Co-development Partner · 14 April 2026SimonCRE developed Lobo Crossing, a 363,000-square-foot open-air retail center in Albuquerque, NM with Burlington as a major national brand tenant. The $150 million development is the largest retail project in New Mexico in decades, with 90% pre-leased prior to closing.
  • University of New MexicomajorStrategic or Co-development Partner · 14 April 2026UNM sold approximately 38 acres of South Campus land to SimonCRE for the Lobo Crossing development. The project is a key component of UNM's long-term vision to transform its South Campus into a sports, entertainment, and innovation district, made feasible through a Tax Increment for Development District.
  • Victoria City GovernmentminorStrategic or Co-development Partner · 24 March 2026Victoria's city government attracted Burlington and Ulta to Victoria Village through strategic recruitment efforts as part of the city's broader retail development and small business support strategies.
  • Empire State Realty TrustcoreStrategic or Co-development Partner · 18 February 2026Burlington expanded its office presence at Empire State Realty Trust's Midtown South tower to nearly 210,000 square feet of space. This marks the retailer's fourth consecutive office expansion at the property since 2010, representing continued growth for both the retailer and commercial landlord.

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Burlington competitors and assessment

Company assessment

Direct peers

  • Falke: German premium hosiery and sportswear brand manufacturing its own socks and apparel. Comparable to Burlington's premium Bally line and its multi-category (sock + apparel) branded approach.
  • Renfro Corporation: US sock and hosiery manufacturer producing branded and licensed products (including licensed sport socks). Directly comparable to Burlington's core manufacturing-plus-licensing model in the socks category.
  • Hanesbrands: Large US-based apparel manufacturer with a major hosiery and innerwear portfolio (Hanes, L'eggs, Champion, Bonds). Comparable as a multi-brand hosiery/intimates manufacturer with branded and licensed product lines, though operating at vastly larger global scale.
  • Kayser-Roth Corporation: US hosiery manufacturer with brands such as HUE and No Nonsense. Comparable as a hosiery-focused manufacturer serving mass and specialty channels.
  • Aristoc: UK hosiery and sock brand with a long operating history. Comparable to Burlington as a branded socks/hosiery specialist selling across price points.
  • Pretty Polly: UK heritage hosiery brand covering tights, stockings, and socks. Comparable to Burlington's hosiery-led brand portfolio targeting women's legwear and socks.

Emerging players

  • Spanx: US shapewear, undergarments, and activewear brand with comparable product adjacencies to Burlington's shapewear, seamless bras, and activewear lines, though Spanx is a brand-led retailer rather than a manufacturer.

Others

  • Puma SE: Global sport apparel and footwear brand that licenses its sock and apparel line to Burlington. Connected as a licensor and as an adjacent performance apparel category benchmark for Burlington's Dri+ and Puma-branded ranges.

Broad incumbents

  • Adidas: Global sport apparel and footwear incumbent with socks and activewear categories. Comparable as a performance-apparel benchmark and potential licensor/competitor relevant to Burlington's Dri+ and Puma-licensed lines.
  • Calvin Klein (PVH Corp): PVH operates multi-brand apparel platforms (Calvin Klein, Tommy Hilfiger) including intimates and socks. Comparable as a broader apparel brand operator that licenses or manufactures across intimates and socks categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

Burlington social profiles

Digital presence

Burlington financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Burlington leadership team

Management profile

Number of profiles

Burlington funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Burlington M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Burlington

What does Burlington do?

Burlington manufactures and markets socks, hosiery, and related apparel under multiple brands (Burlington, Biofresh, Dri+, Knit, Bally, Puma) for men, women, and children. The portfolio covers sports, casual, fashion, and dress categories and extends into apparel, footwear, accessories, and foot care products sold through the company's e-commerce platform and physical store locations in the Philippines.

Is Burlington a public or private company?

Burlington is a public company. It is classified as unknown and is currently operating.

When was Burlington founded?

Burlington was founded in 1924. It employs 101 to 250 people.

Where is Burlington based?

Burlington is headquartered in Makati, Philippines, in the Asia region.

How does Burlington make money?

One revenue line is on record: retail Sales.

Who are Burlington's main competitors?

Direct peers on record are Falke, Renfro Corporation, Hanesbrands, Kayser-Roth Corporation, Aristoc and Pretty Polly. Spanx is listed as an emerging player. Puma SE is listed as an others. Broad incumbents are Adidas and Calvin Klein (PVH Corp).

Does Burlington have an API?

No public API is recorded for Burlington.

What industry is Burlington in?

Burlington's product category is Hosiery Manufacturing. Its primary akta.pro industry code is CRAAAAAD, Athletic / Performance & Activewear Brands, with a secondary code of CRAOADAG, Intimates, Hosiery & Sleepwear Wholesale. Its NAICS code is 315 and its SIC code is 2340.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Home Textiles TodayA $5B milestone & a 90% crash: 5 takeaways from HTT’s Top 50 Retailers Report | Home Textiles TodayHTT's Top 50 Retailers Report estimates 2025 home textiles sales, noting 29 retailers gained share despite tariff shocks. Big Lots fell 90% to rank 48, while Amazon topped $5B. Off-price retailers like Burlington and Ross led volume growth.LiveNOW from FOXIngestion hazard leads to recall of 1.7 million grill brushesConair is recalling approximately 1.7 million Cuisinart metal wire-bristle grill brushes due to reports of bristles detaching and posing an ingestion hazard, including three cases requiring medical attention. The recall, issued by the U.S. Consumer Product Safety Commission (CPSC), covers various models sold since 2009 distributed through retailers such as Burlington, TJ Maxx, Ross, Amazon, and Cuisinart's website.The Philadelphia InquirerNine Philly-area companies, including Comcast and Burlington, made this year’s Fortune 500Nine Philadelphia-area companies, including Comcast and Burlington, made this year's Fortune 500, all repeat appearances. Amazon unseated Walmart from the top spot, recording $717 billion in revenue versus Walmart's $713 billion. The Fortune 500 combined 2025 revenue of $21 trillion and profits of $2.1 trillion.American City Business JournalsBurlington plans store in Carmichael's Crestview VillageBurlington will open a 20,879-square-foot store in Carmichael's Crestview Village retail center. The center has added businesses like Five Below and Habit Burger & Grill, and Burlington will occupy largely vacant space. Sally Beauty will move to an adjacent suite.Fox BusinessBurlington to open over two dozen new stores across country in MayBurlington Stores, a discount retailer, announced plans to open more than two dozen new stores across 20 states in May, beginning with four locations on May 8 and continuing through the month. The company expects to open 110 net new stores in fiscal year 2026 (ending January 30, 2027) as part of its ongoing national expansion, with a new distribution center planned in Savannah, Georgia. Additionally, Burlington broke ground on a nearly 2 million square foot distribution center in Buckeye, Arizona near Phoenix, expected to open in 2028.The Victoria AdvocateVictoria attracts new retailers through City’s strategic recruitment effortsThe City of Victoria announced that Burlington and Ulta have opened at Victoria Village, a new commercial development created through the city's strategic retail recruitment efforts, with Five Below scheduled to open March 27. Mayor Duane Crocker discussed the city's retail recruitment and small business development initiatives during the Growing Victoria Summit on March 12. The new retailers represent the tangible results of the city's economic development strategy.MainebizBurlington to dress up vacant storefront in Augusta mallBurlington Stores Inc. plans to open a new store at Turnpike Mall in Augusta, Maine, after being granted a permit to install signage at 42 Whitten Road, in space formerly occupied by Bed Bath & Beyond. The discount retailer, which already operates stores in South Portland and Bangor, reported strong third-quarter earnings with adjusted EPS of $1.80, up 16% year-over-year, and expects to open 104 net new stores in 2026. The planned 32,965 square foot location is part of the mall's broader retail repositioning, with local economic development officials noting the positive evolution of Augusta's retail landscape.BurlingtonvtBurlington Announces Reduced FY27 Tax Impact and Unified Support for Public Safety Investment • Burlington, VTBurlington Mayor Emma Mulvaney-Stanak announced that updated actuarial data from the City's retirement advisors substantially reduced the projected FY27 municipal tax increase from 9.4% to 6.1%, with the retirement tax rate decreasing to $0.18 from an original projection of $0.21, due to the retirement system achieving a 12.6% actual return against a 7.1% assumption. Union leaders from Burlington's public safety and municipal unions joined the Mayor to express unified support for a separate $0.05 Police & Fire tax rate increase on the March 3 ballot, which would raise approximately $3 million to fund negotiated salary and benefit increases plus two new firefighter positions and six new first responder vehicles. The FY27 budget process continues through spring with department presentations in April and final adoption required by June 30.GristCan cities make landlords care about energy efficiency?Researchers at Binghamton University published findings in Energy Research & Social Science showing that state and local government efforts to improve energy efficiency in rental housing often fail to reach renters, who comprise roughly one-third of U.S. households. The core problem is a "split-incentive" dilemma where landlords make efficiency investments but tenants who pay utility bills receive the savings. Officials interviewed described various approaches including funding programs like Boston's $300 million "Energy Saver" initiative, and regulations such as Burlington, Vermont's 2021 ordinance requiring rental efficiency improvements, though some jurisdictions face legal barriers to mandating upgrades.Talk Business & PoliticsThe Supply Side: Retailers plan to add more than 1,100 new stores in 2026Multiple U.S. retailers are planning to open more than 1,118 new store locations in 2026, roughly double the planned store closures, according to Coresight Research. Leading the expansion are Dollar General (450 stores), TJX (130 stores), Burlington (110 stores), Ollie's Bargain Outlet (75 stores), Ulta (66 stores), and Barnes & Noble (60 stores), alongside warehouse club expansions by Costco, BJ's Wholesale Club, and Sam's Club. The trend is driven by value-oriented and off-price retailers capitalizing on vacant space from pharmacy closures and bankrupt chains, with analysts expecting strong performance to continue into 2026.