Burlington Bets Big on Budget Shoppers

US consumers are barely opening their wallets, just a tenth of a percent spending bump in January. Gas prices are climbing. Inflation is heating up again. Household budgets are under pressure. And that's shifting where Americans shop. Burlington is betting off-price wins in this environment. The company just posted a strong quarter and says it's ready to capture the demand. Michael O'Sullivan, CEO of Burlington Stores joined Bloomberg Open Interest to talk about the environment and what's next for consumers.