Burlington Stores, Inc. is a retailer of branded apparel. As of January 28, 2017, the Company operated 592 retail stores, inclusive of an Internet store, in 45 states and Puerto Rico. Its product categories include coats, women, men, juniors, girls, boys, shoes, handbags and accessories, beauty and fragrance, home and toys. The product categories for coats include women's coats and jackets, men's coats and jackets, juniors coats and jackets, girls coats and jackets, boy's coats and jackets, baby girl coats and jackets, and baby boy coats and jackets. The product categories for women include active wear, bottoms, coats and jackets, dresses, tops, scrubs, suit and suit separates, sweaters, swimwear and cover-ups. It also includes accessories, beauty and fragrance, handbags, jewelry, shoes and watches. The product categories for men include accessories, active wear, casual button down shirts, dress shirts, men's coats jackets, fleece, graphic tees, hoodies and sweatshirts, and jeans.
https://www.burlingtoncoatfactory.comBurlington is a US chain of department stores, one of the divisions of Burlington Coat Factory Warehouse Corporation, the third largest off-price retailer in the United States.
Initially, the company was a small store - a family business. The store has existed since 1946, the range included outerwear. A little later, in order to get rid of dependence on seasonal demand, the owners expanded the range. In 1972, the company acquired its modern name, and the first step towards expansion was taken only in 1975, when a second store was opened. By 1983, when the company went from private to public, it already owned 31 retail outlets. And in 2006, the family business, along with the trademark, was sold to Bain Capital Partners for $2.06 billion.
Investments and shares
In 2013, Burlington made an initial public offering on the New York Stock Exchange. The shares were listed under the ticker symbol BURL. The IPO turned out to be successful: in the first day, the value of assets increased by more than 40%. By that time, the corporation already owned more than 500 stores in the United States and Puerto Rico, operating under various brands and in different niches - from children's clothing to shoes. In 2021, the thousandth store was opened, and the total number of employees exceeded 38,500 people.
Burlington shares are now a component of the Russell 1000 stock index, and the corporation itself is included in the Fortune 500 list of the largest and most valuable US companies.
Statistics
According to the first half of 2022:
How an individual could buy Burlington Stores, Inc. shares?
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