Off-price retail veteran Ted English joins Burlington Board of Directors
Burlington Stores on Wednesday announced the addition of Bob’s Discount Furniture Executive Chairman Ted English to its Board of Directors, effective November 15, 2016. The addition increases the Burlington Stores Board to 10 members.
English is an off-price retail veteran that has served as CEO and Director of The TJX Companies. He joined Bob’s Discount Furniture as CEO in 2006 and remained in the role until March 2016. As CEO of Bob’s Furniture, he tripled the company’s sales and doubled the store base. English also serves on the Rue La La Board of Directors.
The New Jersey-based off-price retailer can gain much from English’s expertise though the company has been performing well for much of this year. Burlington exceeded its guidance in its first quarter and increased its fiscal year 2016 outlook after a solid first half of the year performance.
English said, “This is an exciting time of growth and opportunity for Burlington Stores. The Company’s strong record of performance has been widely acknowledged across the retail industry, and there is significant potential for continued growth through expanding into underpenetrated segments and opening new stores while maintaining financial discipline. I look forward to collaborating with the Burlington Stores’ Board of Directors and management team to capitalize on new and existing opportunities and build on the Company’s value creation for shareholders.”
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