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When did Burlington change its name?
Burlington Coat Factory became a public company for the first time with an IPO in June 1983. By 1983 annual sales had climbed to nearly $300 million, and the company was becoming a giant in the retail industry. 1983: The company goes public and changes its name to Burlington Coat Factory Warehouse Corp.
Why did Burlington change their name?
We’ve shed the “Coat Factory” and just call ourselves Burlington to better reflect the amazing and varied assortment of merchandise we carry. We’ve rebranded ourselves to better represent the wonderful shopping experience we deliver in our stores and online every day!
Is Burlington owned by Marshalls?
In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer after TJX Companies and Ross Stores.
Burlington (department store)
Is Burlington and Ross the same?
Burlington is owned by the investment firm, Bain Capital and not by Ross, as many people believe it to be. Burlington is a competitor to Ross with the former being the third-largest off-price retailer in the United States after TJX companies and “Ross Dress for Less” stores.