Content about Burlington

October 2, 2013

Shares of Burlington Stores surged more than 40% in their first day of trading as the company executed an initial public offering on Wednesday.

Shares of Burlington Stores surged more than 40% in their first day of trading as the company executed an initial public offering on Wednesday.

The retailer operates 503 stores primarily under the name Burlington Coat Factory and sold 13.3 million shares that were priced at $17, slightly above an earlier range of $14 to $16. The limited number of shares contributed to strong demand and at the open the stock price popped more than 40% and closed at $25.13.

Proceeds from the sale were estimated to total roughly $205 million which the company planned to use to repay debt.

September 17, 2013

Green Mountain Coffee Roasters plans to open its first Keurig Store this November in the Burlington Mall in Burlington, Mass.

Green Mountain Coffee Roasters plans to open its first Keurig Store this November in the Burlington Mall in Burlington, Mass.

Keurig Store shoppers will be able to test Keurig brewers and beverages from Keurig K-Cup, Keurig Vue and Keurig Rivo systems. In addition to providing the full line of Keurig brewers, the Keurig Store will offer on-site demonstrations, special promotions, new product offerings and unique Keurig accessories.

September 17, 2013

Green Mountain Coffee Roasters plans to open its first Keurig Store this November in the Burlington Mall in Burlington, Mass.

Green Mountain Coffee Roasters plans to open its first Keurig Store this November in the Burlington Mall in Burlington, Mass.

Keurig Store shoppers will be able to test Keurig brewers and beverages from Keurig K-Cup, Keurig Vue and Keurig Rivo systems. In addition to providing the full line of Keurig brewers, the Keurig Store will offer on-site demonstrations, special promotions, new product offerings and unique Keurig accessories.

September 13, 2013

As the winter season approaches, Burlington Coat Factory experienced overall sales growth that led to a comparative store sales increase of 7.8% for the second quarter ended Aug. 3.

As the winter season approaches, Burlington Coat Factory experienced overall sales growth that led to a comparative store sales increase of 7.8% for the second quarter ended Aug. 3.

Total net sales increased 11.5% to $963.7 million for the months quarter compared with last year.

“We are proud of our second quarter results including 11.5% overall sales growth and, most important, our 7.8% comparative store sales increase. I would like to thank our store and corporate teams for contributing to these results,” said Tom Kingsbury, president and CEO. 

July 8, 2013

Burlington Coat Factory is joining the Leukemia & Lymphoma Society’s Light the Night campaign for the 12th consecutive year. The retailer will be collecting donations at checkout to help support blood cancer research.

WHITE PLAINS — Burlington Coat Factory is joining the Leukemia & Lymphoma Society’s Light the Night campaign for the 12th consecutive year. The retailer will be collecting donations at checkout to help support blood cancer research. 

Burlington Coat Factory also plans to enlist its more than 28,000 employees nationwide to participate in Light the Night walks across the country to commemorate lives touched by cancer and raise funds to help fight blood cancers.

June 18, 2013

Burlington Coat Factory was the beneficiary of an unseasonably cool first quarter that resulted in soft sales at some other retailers.

BURLINGTON, N.J. — Burlington Coat Factory was the beneficiary of an unseasonably cool first quarter that resulted in soft sales at some other retailers.

The company’s net sales increased 8.4% to nearly $1.1 billion for the quarter from $982 million for the quarter ended April 28, 2012. Comparative store sales increased 3.4%.

February 1, 2013

Burlington Coat Factory has joined forces with The Foundation for National Institutes of Health (FNIH) and the National Heart, Lung, and Blood Institute's (NHLBI) The Heart Truth campaign dedicated to raising awareness of heart disease among women.

BURLINGTON, N.J. — Burlington Coat Factory has joined forces with The Foundation for National Institutes of Health (FNIH) and the National Heart, Lung, and Blood Institute's (NHLBI) The Heart Truth campaign dedicated to raising awareness of heart disease among women.

November 5, 2012

LogicSource, a sourcing solutions firm, has entered into a multi-year agreement to provide advisory services and technologies to Burlington Coat Factory.

NORWALK, Conn. — LogicSource, a sourcing solutions firm, has entered into a multi-year agreement to provide advisory services and technologies to Burlington Coat Factory.

November 1, 2012

Burlington Coat Factory Warehouse reported that net sales for the third quarter ended Oct. 27 were $967.8 million compared with $898.7 million for the comparative period ended Oct. 29, 2011, a 7.7% increase.

BURLINGTON, N.J. — Burlington Coat Factory Warehouse reported that net sales for the third quarter ended Oct. 27 were $967.8 million compared with $898.7 million for the comparative period ended Oct. 29, 2011, a 7.7% increase. Comparative-store sales increased 2.1% for the quarter.

September 21, 2012

When temperatures turn cooler this fall New Yorker’s will have a new Burlington Coat Factory store to satisfy their need for outerwear.

When temperatures turn cooler this fall New Yorker’s will have a new Burlington Coat Factory store to satisfy their need for outerwear.

The national off-price chain and operator of 482 stores opened its newest unit in New York’s Union Square on Friday. The 92,000-sq.-ft store is located at 14th Street and University Place is the company’s sixth New York location, which means Manhattan residents are already familiar with the Burlington, NJ-based company.