Content about Burlington Coat Factory

March 20, 2014

Burlington Coat Factory saw a 36% decline in its fourth quarter net income, which fell to $16.1 million from $25.3 million in the fourth quarter of fiscal 2012.

Burlington, N.J. – Burlington Coat Factory saw a 36% decline in its fourth quarter net income, which fell to $16.1 million from $25.3 million in the fourth quarter of fiscal 2012. The retailer plans to open 25 net new stores during fiscal 2014, including 22 in the fall, two in May and one in April.

December 16, 2013

The Hodgdon Group has completed the conversion of the former Sam's Club building in Sacramento, Calif., for the opening of an Ashley Furniture HomeStore.

Colton, Calif. -- The Hodgdon Group has completed the conversion of the former Sam's Club building in Sacramento, Calif., for the opening of an Ashley Furniture HomeStore.

December 10, 2013

Burlington Coat Factory shrunk its net loss to $7.4 million from $16.8 million during the third quarter of fiscal 2013, compared to the same period a year earlier.

Burlington, N.J. – Burlington Coat Factory shrunk its net loss to $7.4 million from $16.8 million during the third quarter of fiscal 2013, compared to the same period a year earlier.

The retailer also increased net sales 10% to $1.06 billion, from $967.9 million.

Burlington said the net sales increase was primarily attributable to a $53.2 million increase in sales related to new stores and stores previously opened that are not included in same-store sales, and a $37 million, or 3.9%, increase in same-store sales.

December 2, 2013

Location: 101 S. Route 73, Marlton, N.J.

Size: 333,255 sq. ft.

Developer: Brixmor Property Group

Major tenants: T.J. Maxx, DSW, HomeGoods, Michaels, Burlington Coat Factory, Five Below 

Status: Completed

October 17, 2013

The Hodgdon Group, a brokerage, development, construction and project management firm, has converted a former Sam’s Club in Sacramento into a 60,000-sq.-ft/ Burlington Coat Factory.

Colton, Calif. — The Hodgdon Group, a brokerage, development, construction and project management firm, has converted a former Sam’s Club in Sacramento into a 60,000-sq.-ft/ Burlington Coat Factory.

The new store opened last week. Hodgdon Group Realty and CBRE Sacramento represented the investor in the acquisition of the Sam’s Club building, as well as the landlord in the lease transaction. Retail West Inc. represented Burlington Coat Factory. An additional tenant has leased the remaining space and plans to open soon.

September 16, 2013

CBL & Associates Properties, Inc has announced that Burlington Coat Factory will locate its first and only store in Chattanooga at Northgate Mall.

Chattanooga, Tenn. — CBL & Associates Properties, Inc has announced that Burlington Coat Factory will locate its first and only store in Chattanooga at Northgate Mall. The new 63,000-sq.-ft store will stand between Sears and J.C. Penney. Shoppers will enter from the mall and from outside from the east parking lot.

Several stores will relocate to accommodate the redevelopment. Plans call for construction to begin in January with the grand opening scheduled for October 2014.

June 18, 2013

Burlington Coat Factory credited the unusually cold winter experienced by many parts of the country, which dampened the first quarter results of many retailers, for helping to drive its strong financial performance during the first quarter.

Burlington, N.J. -- Burlington Coat Factory credited the unusually cold winter experienced by many parts of the country, which dampened the first quarter results of many retailers, for helping to drive its strong financial performance during the first quarter.

The retailer reported net income of $11.1 million, a substantial improvement from $842,000 in the first quarter of the prior year, primarily driven by sales growth and improved gross margin rate which was in turn partially offset by increased selling and administrative expenses.

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, which operates more than 477 stores in 44 states and Puerto Rico.

Norwalk, Conn. -- LogicSource, a sourcing solutions firm, has entered into a multi-year agreement to provide advisory services and technologies to Burlington Coat Factory, which operates more than 477 stores in 44 states and Puerto Rico.

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, which operates more than 477 stores in 44 states and Puerto Rico.

Norwalk, Conn. -- LogicSource, a sourcing solutions firm, has entered into a multi-year agreement to provide advisory services and technologies to Burlington Coat Factory, which operates more than 477 stores in 44 states and Puerto Rico.

April 23, 2012

Burlington Coat Factory will open a flagship in Manhattan this fall.

Burlington, N.J. -- Burlington Coat Factory will open a flagship in Manhattan this fall. It will be the off-price retailer’s sixth location in New York City. The 92,000-sq.-ft., three-level store will be in a building managed by Vornado Real Estate, on the south end of Union Square.

The Union Square flagship is part of a broader plan by Burlington to open more than 20 new stores in 2012.
 

April 23, 2012

Burlington Coat Factory will open a flagship in Manhattan this fall.

Burlington, N.J. -- Burlington Coat Factory will open a flagship in Manhattan this fall. It will be the off-price retailer’s sixth location in New York City. The 92,000-sq.-ft., three-level store will be in a building managed by Vornado Real Estate, on the south end of Union Square.

The Union Square flagship is part of a broader plan by Burlington to open more than 20 new stores in 2012.
 

February 29, 2012

SRS Real Estate Partners said that Burlington Coat Factory has leased 78,303 sq. ft. at Woodbridge Crossing Shopping Center in Woodbridge, N.J.

Woodbridge, N.J. -- SRS Real Estate Partners said that Burlington Coat Factory has leased 78,303 sq. ft. at Woodbridge Crossing Shopping Center in Woodbridge, N.J.

Burlington Coat Factory, scheduled to open later this year, will be occupying the former The Great Indoors, which closed several years ago.

February 29, 2012

SRS Real Estate Partners said that Burlington Coat Factory has leased 78,303 sq. ft. at Woodbridge Crossing Shopping Center in Woodbridge, N.J.

Woodbridge, N.J. -- SRS Real Estate Partners said that Burlington Coat Factory has leased 78,303 sq. ft. at Woodbridge Crossing Shopping Center in Woodbridge, N.J.

Burlington Coat Factory, scheduled to open later this year, will be occupying the former The Great Indoors, which closed several years ago.

October 4, 2011

Shoe repair store Shoe Lab has opened at Janss Marketplace, in Thousand Oaks, Calif., joining tenants such as Burlington Coat Factory, Marshalls, Buca di Beppo, Qdoba Mexican Grill, Panera Bread, Gold’s Gym, Old Navy, Mann Theaters, and TGI Friday’s.

Thousand Oaks, Calif. -- Shoe repair store Shoe Lab has opened at Janss Marketplace, in Thousand Oaks, Calif., joining tenants such as Burlington Coat Factory, Marshalls, Buca di Beppo, Qdoba Mexican Grill, Panera Bread, Gold’s Gym, Old Navy, Mann Theaters, and TGI Friday’s. 

Janss Marketplace is managed by NewMark Merrill Cos., LLC.

September 27, 2011

There is no escaping the pop-up or temporary store phenomena — and with retail vacancy still high in some markets, it’s not likely to go away anytime soon. What’s more, consumers seem to love them. 


While a few critics are grumbling that the proliferation of pop-ups has taken away from their impact, they are in the minority. Most experts agree that, as a retail platform, the temporary format has real staying power. 


August 24, 2011

X Team International, an international alliance of retail real estate advisors, said that Charlotte, N.C.-based partner The Chambers Group has completed a lease for the first small-format Burlington Coat Factory store in Charlotte.

Charlotte, N.C. -- X Team International, an international alliance of retail real estate advisors, said that Charlotte, N.C.-based partner The Chambers Group has completed a lease for the first small-format Burlington Coat Factory store in Charlotte.

Scheduled to open Oct. 1 at Woodlawn Marketplace, the smaller format store will be roughly 48,000 sq. ft. and joins T.J. Maxx and Family Dollar.
 

August 24, 2011

X Team International, an international alliance of retail real estate advisors, said that Charlotte, N.C.-based partner The Chambers Group has completed a lease for the first small-format Burlington Coat Factory store in Charlotte.

Charlotte, N.C. -- X Team International, an international alliance of retail real estate advisors, said that Charlotte, N.C.-based partner The Chambers Group has completed a lease for the first small-format Burlington Coat Factory store in Charlotte.

Scheduled to open Oct. 1 at Woodlawn Marketplace, the smaller format store will be roughly 48,000 sq. ft. and joins T.J. Maxx and Family Dollar.
 

June 2, 2011

Addison, Texas-based Coyote Management L.P. and Garrison Investment Group, through their affiliates, have acquired Chapel Hills Mall, located in Colorado Springs, Colo.

Colorado Springs, Colo. -- Addison, Texas-based Coyote Management L.P. and Garrison Investment Group, through their affiliates, have acquired Chapel Hills Mall, located in Colorado Springs, Colo.

Chapel Hills Mall is a 1.2 million-sq.-ft. enclosed super-regional mall anchored by Dillard’s, J.C. Penney, Macy’s, Sears, Dicks Sporting Goods and Burlington Coat Factory, and features a 15-screen Carmike Cinema and over 100 specialty stores.

March 1, 2011

Retailer demand for new locations is up across the board, according to ChainLinks Retail Advisors’ just-released National Retailer and Restaurant Expansion Guide.

Retailer demand for new locations is up across the board, according to ChainLinks Retail Advisors’ just-released "National Retailer and Restaurant Expansion Guide." The report details the current expansion plans for hundreds of the largest U.S. retail and restaurant chains.

“As 2010 came to a close, growth plans were up 30% from the levels we recorded last year,” said ChainLinks’ research director, Garrick Brown. "Right now, expansion plans are up 40% over last year’s levels.”

November 2, 2010

Burlington Coat Factory said it will open a 70,320-sq.-ft. store in Tonnelle Plaza Shopping Center,...

November 2, 2010

Burlington Coat Factory said it will open a 70,320-sq.-ft. store in Tonnelle Plaza Shopping Center,...

June 16, 2010

Burlington Coat Factory reversed a year-ago loss in the fiscal first quarter as revenue improved,...

June 16, 2010

Burlington Coat Factory reversed a year-ago loss in the fiscal first quarter as revenue improved,...

May 31, 2010

Burlington Coat Factory and NewMark Merrill Cos. have announced plans to open an 85,000-sq.-ft. location...

May 31, 2010

Burlington Coat Factory and NewMark Merrill Cos. have announced plans to open an 85,000-sq.-ft. location...