Burlington - Fashion Company Profile

Burlington Stores - founded as Burlington Coat Factory and renamed to play down the word 'coats' - is one of America's three big off-price retailers, selling in-season branded apparel, footwear, accessories and home goods at discount across a national store chain. What began as a single factory outlet for coats in 1972 now stocks everything from dresses and denim to fragrances and baby goods.

Company Snapshot

Status
Operating - national off-price retailer trading as Burlington Stores, Inc.
Type
Public - NYSE: BURL
Headquarters
Burlington, New Jersey, United States
Founded
1972, as Burlington Coat Factory
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A large off-price store display with coats, dresses, shoes and home goods across wide aisles, product photography with no people

Company Profile

The off-price model - buying brands' excess and cancelled orders and turning stock fast - is explained by the dated snapshots the earlier profile kept, which are summarised in the profile section below.

Burlington is a national off-price apparel, home and baby products retailer, operating in the United States and Puerto Rico. They offer great value by featuring high-quality, primarily branded apparel, home and baby products at 'Every Day Low Prices', to deliver savings of up to 60-70% off department and specialty store regular prices. The holding-company note the profile also preserves - Modecraft Inc. as a holding company operating through its Burlington Coat Factory subsidiary, also referenced as Modecraft Fashions - is kept here because name layers like that are exactly what researchers come to a names directory to untangle: Burlington, Burlington Coat Factory, Burlington Stores and Modecraft are one business at different levels and dates.

Burlington History

The earlier record for this company - its history, past brand line-ups, figures and photographs from the periods described - is kept on a separate page for historical reference.

Burlington History & Historical Profile →

Common Questions

Why did Burlington Coat Factory change its name?

To Burlington Stores Incorporated, to remove some of the emphasis on the word 'coats' - the company started as a coat store but expanded into apparel generally, footwear, fragrances, makeup, baby and home products, in the historical record.

What savings and scale does the original claim?

Savings of up to 60-70% off department and specialty store regular prices at 'Every Day Low Prices'; as of February 3, 2018 it operated 629 stores in 45 states and Puerto Rico, drawing on over 3,500 vendors (2014 figure).

Who owned Burlington, and when did it go public again?

Bain Capital acquired it in a take-private transaction in 2006; Tom Kingsbury became President and CEO in 2008; the company went public again in 2013.

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