Burlington Stores, Inc. Announces Executive Changes
July 15, 2021 at 04:16 pm EDT
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On July 15, 2021, Burlington Stores, Inc. announced that Travis Marquette has been appointed as the company’s new President and Chief Operating Officer, overseeing and managing the company’s stores, real estate, supply chain and information technology functions. Mr. Marquette is expected to commence employment with the company on or about October 4, 2021 but in any event no later than October 31, 2021 (the “Commencement Date”). Mr. Marquette, 50, has nearly fourteen years of off-price experience and has served in a wide range of strategic, operational, and financial roles. He most recently served as the Executive Vice President and Chief Financial Officer of Ross Stores, Inc. from March 2021 through his resignation in July 2021. Prior to that, he was Ross Stores’ Group Senior Vice President and Chief Financial Officer from 2019 to 2021, Group Senior Vice President and Deputy Chief Financial Officer from 2018 to 2019, and Senior Vice President, Finance from 2017 to 2018. He was also Senior Vice President, Store Operations from 2015 to 2017, Group Vice President, Store Operations from 2013 to 2015, and Vice President, Store Operations Finance from 2009 to 2013. Prior to joining Ross in 2008 as Director, Strategic Planning, Mr. Marquette held various consulting and management roles over a 12-year period with Bain & Company, Carter’s Inc., and PricewaterhouseCoopers.
Burlington Stores, Inc. is an off-price retailer of branded apparel, footwear, accessories, and merchandise for the home at everyday low prices. The Companyâs stores offer an extensive selection of in-season, fashion-focused merchandise, including womenâs ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts, and coats. It has five distribution centers. Its two east coast distribution centers are located in Edgewater Park, New Jersey and Burlington, New Jersey. Its three west coast distribution centers are located in San Bernardino, California, Redlands, California, and Riverside, California. These five distribution centers occupy an aggregate of about 4,106,000 square feet, and each includes processing, shipping, and storage capabilities. In addition to the distribution centers, it has arrangements with third parties for the use of pool point facilities. It operates about 1007 stores, principally under the name Burlington Stores.