Burlington Coat Factory Warehouse Corporation is a national department store retailer focusing on clothing and shoes, with over 450 stores in 45 states and Puerto Rico.(as of 2010). In 2006, it was acquired by Bain Capital, LLC in a take-private transaction. The company's corporate headquarters are located in Burlington Township, New Jersey. The company was founded in 1924 as Burlington Coat Factory, a manufacturer of ladies' coats and outerwear. The modern company was formed and incorporated in 1972 when Monroe Milstein and his wife, Henrietta Milstein, purchased a garment factory and warehouse in Burlington, New Jersey, and started selling coats and outerwear. Monroe along with his father, Abe Milstein, had already been wholesalers of Ladies coats and suits in New York City for many years and had a feel for retail from working with department store's buyers from his wholsale business plus the small retail business he had been running with his parents and family members from his wholesale loft for years that was operated outside of regular business hours. His talents and experiences in the field of fashion and his deep understanding of the market and what the customers really guided his success.
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