Burlington, often called “Burlington Coat Factory” is a national off-price retailer, selling primarily coats, clothing, and shoes. Burlington is headquartered in Burlington, New Jersey.
The company was founded in 1972 by Monroe and Eli Tillman. Monroe Tillman had previously co-founded the Navy Exchange with his brother Bert in 1938.
Burlington went public in 2013 and is now traded on the Nasdaq under the ticker symbol “BURL.” In 2015, Burlington was acquired by Bain Capital Private Equity for $2.11 billion.
Today, Burlington has over 560 stores in 45 states and Puerto Rico. The company also operates an e-commerce site, burlingtoncoatfactory.com.
Is Burlington owned by TJ Maxx? No . TJ Maxx is a national off-price retailer owned by The TJX Companies, Inc., which is headquartered in Framingham, Massachusetts. The TJX Companies also owns Marshalls, HomeGoods, Sierra Trading Post, and Homesense.