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Burlington Stores swings to Q1 profit, will open net 25 new stores
Burlington, N.J. — Burlington Stores Inc. had an all-around strong first quarter of fiscal 2014 that included a better-than-expected net income of %11.77 million, up from a net loss of $5.56 million in year-ago period. The retailer expects to open 25 net new stores during the fiscal year, including the opening of one new store and closing of one existing store in the second quarter.
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Shopatron debuts free inventory lookup API
San Luis Obispo, Calif. — Shopatron, a provider of cloud-based distributed order management solutions, is releasing a free inventory visibility API. Shopatron Retailer Inventory Lookup is a cloud-based solution that offers enterprise-wide inventory visibility and also provides retailers with actionable analytics to improve in-store operations, stocking, merchandising and product marketing.
The solution enables retailers to instantly connect customers with local, available inventory.