<Tr> <Th> Number of employees </Th> <Td> 40,000 (2017) </Td> </Tr> <Tr> <Th> Website </Th> <Td> burlington.com </Td> </Tr> <P> Burlington, formerly known as Burlington Coat Factory, is an American national off - price department store retailer, and a division of Burlington Coat Factory Warehouse Corporation with 631 stores in 45 states and Puerto Rico, with its corporate headquarters located in Burlington Township, New Jersey . In 2006, it was acquired by Bain Capital in a take - private transaction and in 2008, Tom Kingsbury became President and CEO . The company went public again in 2013 . </P> <P> The company was formed and incorporated in 1972 when Henrietta Milstein convinced her husband Monroe to purchase a former factory outlet in Burlington City, New Jersey, for $675,050, using money she had saved from her job as a librarian for most of the $75,000 down payment . Monroe and his father, Abe Milstein, had been running a successful wholesale and retail outerwear business together since 1946 . Initially, the Milsteins sold coats and jackets wholesale, but in order to become less dependent on the seasonal coat business, they gradually began adding additional clothing items and accessories, eventually expanding into linens, gift items, a baby department and shoes . </P>

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