Burlington Coat Factory which is also known as Burlington Company is an American national off-price department store retailer. It is a division of Burlington Coat Factory Warehouse Corporation with 670 stores in 48 states. Burlington Company has its headquarters located in Burlington Township, New Jersey.
Burlington Company was started as a wholesale business for ladies coats. But today is a retailer that sells many products such as clothes, baby clothes, furniture, home decor items, pet supply items and gifts.
Burlington Coat Factory was formed 48 years ago, in 1972 by Monroe Milstein. Since 1946, Monroe Milstein with his father, Abe, used to run a successful wholesale and retail outerwear business. In 1972, by the convention of his wife Monroe purchased a factory outlet in Burlington, New Jersey, for the amount $675,050. Initially, they sold coats and jackets as a wholesaler. But to become less dependent on the seasonal coat business, they gradually started selling additional clothing items and accessories and then expanded to gift items, baby department and shoes.
New Branches and Growth
In 1975, they opened a second location in Copiague on Long Island, asked his son to return back from Israel, to act as the store’s legal owner for the new location. In 1983, with 31 locations, the company went public since it was bought by a family in 1972.
In 2006 the company was purchased by the Bain Capital Partners for $2.06 billion. The Milstein family held almost 30 million shares of the Burlington company that made approximately $1.3 billion. Monroe Milstein then was out of the sale, but his two sons were still in there. In 2007, Burlington Company was in Bain Capital in a take-private transaction. In 2008, Tom Kingsbury became its President and CEO. In 2013, the company again went public.
One of the top companies
In 2015, Burlington Coat Factory also joined the Fortune 500 for the first time. Burlington Company is the third-largest off-price retailer after TJX Companies and Ross Stores.
Income and Sales
Burlington Company makes an annual revenue of $6.11 billion, operating income of $481.75 million, net income of $384.85 million. As of 2017, it has total assets of $2.813 billion and total equity of $86.77 million.
Products and Brands
Burlington Company now owns a Puerto Rico selling discount brand names shoes, clothing, baby furniture and accessories. It also operates MJM Designers shoes, Cohoes Fashions and the Super Baby Depot. Burlington Company offers up to 65% off other retailer’s.
Burlington Company has its campus located at Florence, NJ, minutes from metro-Philadelphia. It has its buying offices in Los Angeles and New York City. Distribution Centers in New Jersey and California.
At different stores, different centers Burlington Company has more than 40,000 associates that contribute to its growth. These associates work by driving results through teamwork, open communication and mutual respect. Employees have reviewed that they have fun together and win together at Burlington Company.
The payment made by Burlington Company ranges from $8.60 to $15.41 an hour which comes to $10.84 an hour.
Jobs at Burlington Company can be searched at burlingtonstores.jobs. Burlington Company offers jobs in various departments such as corporate, stores, distribution centre, students and early career etc.
There are many questions which people ask about the Burlington Company, which comes in the mind about the company. To make it easier for everyone to know and to get answers to their questions I have mentioned some FAQs below.
FAQs (Frequently Asked Questions)
- What are the Burlington Company hours?
Burlington Company is open Monday through Friday from 9:30 am to 9:00 pm local time. It remains closed on weekends.
- Where are the Burlington Company Located?
The first Burlington Company is located at the New Jersey, United States. Other than this, it has 670 stores in 48 other states.
- What time does the Burlington Coat Factory Open?
Burlington Company opens at 9:30 am in the morning from Monday through Friday.
- What time does Burlington Coat Factory close?
Burlington Company closes at 9:00 pm at night from Monday through Friday. It remains closed on weekends.
- Does Burlington Company sell luggage?
Yes, Burlington Company does sell luggage. It offers 85% off on selected luggage during the Luggage Blowout Sale. Shipping charges start at $5.99 and free shipping on orders above $99.
- Where Does Burlington Company get their clothes?
Burlington Company made his niche by purchasing Salvage clothes from other retailers, gets unpurchased branded stuff and sells the same.
- Can you shop Burlington online?
Earlier Burlington used to sell his products on its website burlington.com. But has stopped the same due to some reasons, had requested the customers to purchase the required items from the Burlington store.
- Are the brands of Burlington Company brands real?
Burlington and any other large national chain are not going to sell the counterfeit designer brand. Prosecutors and large designer brands might not find it sensible to go for a street gang. Because by doing the same Burlington or any other large off-price retailer would get into a lot of trouble.
Therefore this was detailed information about the Burlington Coat Factory, its history, growth, income, sales, products, brands, locations, career and FAQs.