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Burlington Coat Expands

BURLINGTON, NJ-Twenty new Burlington Coat Factory stores are set to go online this year as the retailer moves ahead with expansion plans.

By Beverly Ford | Updated on October 04, 2006

BURLINGTON, NJ-Burlington Coat Factory Warehouse Corp. will roll out 20 new stores in fiscal 2007 as the retailer moves forward with expansion plans following its recent $2.1 billion acquisition by Bain Capital Partners of Boston.

The company, which currently operates 365 stores under the Burlington Coat Factory, Baby Depot, Cohoes and MJM Designer Shoe brands, said it will spend between $1.5 million and $2 million each to open the new retail outlets, all of which will bear the Burlington Coat Factory name.

The retail chain, which added nine new Burlington and three MJM Designer Shoe stores to its lineup in fiscal 2006, said it also is scouting for additional locations and has lined up eight potential sites for future expansion.

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