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{{Infobox Company | name = Burlington Stores, Inc. | image = | image_caption = Burlington store | type = Publicly traded (NYSE: BURL) | industry = Off-price retail | address = 2006 Route 130 North | neighborhood = Burlington, NJ | coordinates = 40.0715,-74.8540 | phone = | website = https://www.burlington.com | established = 1972 | founder = Monroe Milstein | ceo = | employees = 40,000+ | revenue = $10+ billion | status = Active }} '''Burlington Stores, Inc.''' (formerly '''Burlington Coat Factory''') is a national '''off-price retail chain''' headquartered in '''Burlington, New Jersey''', in the [[Philadelphia]] metropolitan area. Founded in '''1972''' by '''Monroe Milstein''' as a coat outlet, Burlington has grown into one of America's largest off-price department stores with over '''1,000 locations''' selling brand-name merchandise at discount prices. The company dropped "Coat Factory" from its name in 2014 to reflect its broader merchandise offerings, which now include apparel, footwear, accessories, home goods, and more. Burlington remains a significant Delaware Valley employer with deep roots in the Philadelphia region.<ref name="burlington-official">{{cite web |url=https://www.burlington.com |title=Burlington |publisher=Burlington Stores |access-date=December 31, 2025}}</ref> == History == === Origins (1972) === Burlington was founded in '''1972''': '''Beginning:''' * '''Monroe Milstein''' founded company * Purchased coat factory outlet in Burlington, NJ * Wholesaler turned retailer * Coat focus initially === Burlington Coat Factory === '''Growth:''' * Expanded coat factory concept * Low-price positioning * National expansion * Name recognition === Expansion === '''20th century:''' * Hundreds of stores * East Coast focus initially * National footprint * Department store format === Bain Capital Era === '''Private equity:''' * Taken private by Bain Capital (2006) * Operational improvements * Strategic repositioning * Returned to public market === Burlington Rebrand (2014) === '''Name change:''' * Dropped "Coat Factory" from name * Reflected broader merchandise * Modernized image * Same value positioning === Modern Era === '''Today:''' * 1,000+ stores * National presence * Off-price leader * Continued growth == Business Model == === Off-Price Retail === '''Value proposition:''' * Brand-name merchandise * Discount prices (up to 60% off) * Opportunistic buying * Treasure hunt experience === Merchandise === '''Categories:''' * Apparel (men's, women's, kids') * Coats (heritage category) * Footwear * Accessories * Home goods * Baby and kids === Buying Strategy === '''Opportunistic:''' * Closeouts * Overruns * Pack and hold * Vendor partnerships === Store Format === '''Environment:''' * Large format stores * Departmentalized * Value signage * High inventory == Operations == === Store Count === '''Network:''' * 1,000+ stores * 45+ states * Puerto Rico * Continued expansion === Distribution === '''Logistics:''' * Distribution centers * Rapid replenishment * Buying agility * Supply chain === Real Estate === '''Locations:''' * Strip centers * Former big-box locations * Suburban focus * Value-oriented sites == Philadelphia Region == === Burlington, NJ Headquarters === '''Corporate base:''' * Named after headquarters city * New Jersey location * Philadelphia metro * Delaware River === Employment === '''Regional jobs:''' * Headquarters staff * Distribution center * Store operations * Thousands employed === Heritage === '''Local roots:''' * Founded in region * Named for location * Long-term presence * Community connection == Competition == === Off-Price Rivals === '''Competitors:''' * TJX Companies (TJ Maxx, Marshalls) * Ross Stores * Nordstrom Rack * Other discounters === Market Position === '''Standing:''' * Third-largest off-price * Strong coats heritage * Growing market share * Value positioning == Financial Performance == === Growth === '''Metrics:''' * $10+ billion revenue * Consistent growth * Store expansion * Margin improvement === Stock Performance === '''Market:''' * NYSE: BURL * Retail sector * Growth trajectory * Investor interest == Culture == === Brand Identity === '''Positioning:''' * Value-focused * Fashion for less * Family oriented * Treasure hunt experience === Company Culture === '''Workplace:''' * Retail entrepreneurship * Value creation * Customer focus * Growth mindset == Challenges == === Competition === '''Market pressures:''' * TJX dominance * E-commerce growth * Retail consolidation * Market saturation === Inventory Management === '''Operational:''' * Buying complexity * Trend timing * Inventory control * Markdown management === Economic Sensitivity === '''Cycles:''' * Consumer spending * Discretionary retail * Economic conditions * Value resilience == Future == === Strategy === '''Growth plan:''' * New store expansion * Small format tests * Digital development * Operational efficiency === Opportunity === '''Runway:''' * Underpenetrated markets * Off-price shift continues * Store optimization * Category expansion == See Also == * [[Philadelphia Businesses]] * [[Philadelphia Retail]] * [[Burlington, New Jersey]] == References == <references /> == External Links == * [https://www.burlington.com Burlington] {{#seo: |title=Burlington Stores - Off-Price Retail Chain in Philadelphia Region |description=Burlington Stores (formerly Burlington Coat Factory), the off-price retail chain headquartered in Burlington, NJ. 1,000+ stores selling brand-name merchandise at discount prices. |keywords=Burlington Stores, Burlington Coat Factory, off-price retail, Burlington NJ, discount shopping, value retail, Philadelphia retail |type=Article }} [[Category:Businesses]] [[Category:Retail]] [[Category:Philadelphia Region]] [[Category:New Jersey]]
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