Today’s chart shows how one brick-and-mortar company has seized a competitive edge…
“Retail isn’t dying,” according to Business Insider, “it’s evolving.”
And while many traditional retailers are struggling as e-commerce takes over, some are bucking the trend.
Today, we can see this with discount retailer Burlington Stores (BURL)…
Burlington once relied on its brand-name coats to bring strong winter sales.
But in recent years, the company has expanded its business into handbags, accessories, and home goods.
Now, it’s a “one-stop shop,” not unlike online-retail giant Amazon (AMZN).
In 2016, as global e-commerce sales hit a record $1.8 trillion, Burlington joined the Fortune 500 – the largest U.S. companies by total revenue. And its new strategy is still working today… Total revenue increased 9% in 2017, and it’s projected to increase another 9%-10% this year.
As you can see below, Burlington’s stock is soaring as well. Shares recently hit a new all-time high, after climbing around 141% over the past two years alone. It looks like the “one-stop shop” model can work for physical retailers, too…
The Department of Energy say it could power America for millions of years. And both grizzled oilmen and clean energy supporters love it: Energy Secretary Chris Wright called it "an awesome resource," while Warren Buffett, Jeff Bezos, Mark Zuckerberg, and Bill Gates are all directly invested. Here's the name of the company at the heart of it all.
Source: Daily Wealth
