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Burlington CEO: We’re the ‘Smallest, Least Productive and Least Profitable’ Off-Price Retailer

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Burlington CEO Michael O’Sullivan isn’t happy with the off-price retailer’s 6 percent fourth-quarter comp growth but said the company is “well ahead of our peers.” In a Nutshell: Though the chief executive touted 2021 as a “record-breaking year” for the South Jersey company, investors reacted to Burlington’s significant earnings miss by sending shares down nearly…

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