Advertisement
HomeCollectionsBurlington Coat Factory
IN THE NEWS

Burlington Coat Factory

FEATURED ARTICLES
NEWS
August 2, 1995
POLICE LOG* Jessup: 7300 block of Assateague Drive: A burglar stole clothes from the Burlington Coat Factory after cutting a hole in the dry wall from the adjacent mall early Sunday, police said.
ARTICLES BY DATE
NEWS
By Gwendolyn Glenn | May 14, 2013
No new leases have been announced for Town Centre Laurel — the development that is planned for the site where Laurel Mall once stood — but agreements with tenants already announced have been officially finalized, and the project is said to be on track. The developers of the $130 million project gave City Council members an update at the meeting on Monday night, May 13. Officials with Greenberg Gibbons Commercial, the project's lead developer, said asbestos removal and the demolition work of the existing structure went as planned.
Advertisement
BUSINESS
January 6, 2010
Eastpoint Mall in Baltimore said Tuesday it has signed leases with DSW Shoe Warehouse and Burlington Coat Factory. The mall, which is owned by Thor Equities, said it also signed a 15-year lease extension with Value City Furniture. DSW, which is scheduled to open in April, signed a 10-year lease for 18,000 square feet of space formerly occupied in part by Steve & Barry, a clothing store. Burlington Coat Factory signed a 10-year lease to open a 70,000-square-foot store in March. The mall serves about 6 million shoppers a year, according to Thor Equities.
BUSINESS
January 6, 2010
Eastpoint Mall in Baltimore said Tuesday it has signed leases with DSW Shoe Warehouse and Burlington Coat Factory. The mall, which is owned by Thor Equities, said it also signed a 15-year lease extension with Value City Furniture. DSW, which is scheduled to open in April, signed a 10-year lease for 18,000 square feet of space formerly occupied in part by Steve & Barry, a clothing store. Burlington Coat Factory signed a 10-year lease to open a 70,000-square-foot store in March. The mall serves about 6 million shoppers a year, according to Thor Equities.
BUSINESS
By BLOOMBERG NEWS | November 16, 2001
WILMINGTON, Del. - Burlington Industries Inc., once the world's largest textile maker, filed yesterday for bankruptcy protection after competition from low-cost Asian imports eroded profits and left it saddled with debt. Burlington follows rivals Thomaston Mills Inc. and Worldtex Inc., which sought bankruptcy protection from creditors this year as foreign competition and declining sales continued to claim U.S. fabric makers. Burlington, based in Greensboro, N.C., listed $1.18 billion in assets and $1.1 billion in debts in its Chapter 11 petition filed in U.S. Bankruptcy Court in Wilmington, Del. J.P. Morgan Chase & Co. will provide Burlington with a $190 million credit line while it reorganizes operations and cuts debt.
NEWS
By Gwendolyn Glenn | May 14, 2013
No new leases have been announced for Town Centre Laurel — the development that is planned for the site where Laurel Mall once stood — but agreements with tenants already announced have been officially finalized, and the project is said to be on track. The developers of the $130 million project gave City Council members an update at the meeting on Monday night, May 13. Officials with Greenberg Gibbons Commercial, the project's lead developer, said asbestos removal and the demolition work of the existing structure went as planned.
NEWS
By Kevin Thomas and Kevin Thomas,Staff writer | March 15, 1992
The long-troubled Columbia Eastgate Mall went on the auction block Friday and was promptly purchased by its major tenant, Burlington CoatFactory Warehouse Corp.The Burlington, N.J.-based company bid $3million for the mall, and officials said an attempt would be made tolease vacant space to off-price retailers.Burlington officials also said they would be expanding their own presence at the mall, adding another 25,000 square feet to the 50,000square feet the store already occupies.The off-price outlet has been the anchor tenant at the mall since 1986 and one of the few success stories for the beleaguered shopping center.
EXPLORE
August 9, 2012
Laurel Mall news nothing to get excited about So a grocery store (Harris Teeter) and Burlington Coat Factory (already here and completely empty) are the main attractions to a new open center look to replace the still-standing (parking decks and all) mall? ("Laurel Mall redevelopment scheduled to begin Aug. 14," Laurel Leader, Aug. 1). Oh, I forgot, and Regal Cinemas. We've been listening to promises of progress relating to the mall for years. The last report we heard was that the parking deck(s)
BUSINESS
January 6, 2010
Shoe, clothing and furniture stores sign leases with Eastpoint Mall Eastpoint Mall in Baltimore said Tuesday it has signed leases with DSW Shoe Warehouse and Burlington Coat Factory. The mall, which is owned by Thor Equities, said it also signed a 15-year lease extension with Value City Furniture. DSW, which is scheduled to open in April, signed a 10-year lease for 18,000 square feet of space formerly occupied in part by Steve & Barry, a clothing store. Burlington Coat Factory signed a 10-year lease to open a 70,000-square-foot store in March.
EXPLORE
June 28, 2011
Macy's, long the anchor store at Laurel Mall, could be leaving the city limits. At a City Hall in the Park June 22 at Roland B. Sweitzer Park, Mayor Craig Moe told residents that redevelopment plans for Laurel Mall call for the entire structure to be torn down, including the Macy's building. "I suspect that Macy's wants to go to Konterra, a regional shopping center," City Council President Michael Leszcz said, referring to the mega mixed-use development planned for the outskirts of Laurel near I-95.
BUSINESS
By BLOOMBERG NEWS | November 16, 2001
WILMINGTON, Del. - Burlington Industries Inc., once the world's largest textile maker, filed yesterday for bankruptcy protection after competition from low-cost Asian imports eroded profits and left it saddled with debt. Burlington follows rivals Thomaston Mills Inc. and Worldtex Inc., which sought bankruptcy protection from creditors this year as foreign competition and declining sales continued to claim U.S. fabric makers. Burlington, based in Greensboro, N.C., listed $1.18 billion in assets and $1.1 billion in debts in its Chapter 11 petition filed in U.S. Bankruptcy Court in Wilmington, Del. J.P. Morgan Chase & Co. will provide Burlington with a $190 million credit line while it reorganizes operations and cuts debt.
NEWS
August 2, 1995
POLICE LOG* Jessup: 7300 block of Assateague Drive: A burglar stole clothes from the Burlington Coat Factory after cutting a hole in the dry wall from the adjacent mall early Sunday, police said.
NEWS
By Kevin Thomas and Kevin Thomas,Staff writer | March 15, 1992
The long-troubled Columbia Eastgate Mall went on the auction block Friday and was promptly purchased by its major tenant, Burlington CoatFactory Warehouse Corp.The Burlington, N.J.-based company bid $3million for the mall, and officials said an attempt would be made tolease vacant space to off-price retailers.Burlington officials also said they would be expanding their own presence at the mall, adding another 25,000 square feet to the 50,000square feet the store already occupies.The off-price outlet has been the anchor tenant at the mall since 1986 and one of the few success stories for the beleaguered shopping center.
NEWS
August 19, 2010
In your recent article, you state that state Sen. Andy Harris feels that building a Community Center near the Ground Zero site is "blatantly disrespectful" and the government should step in to stop it ("Harris calls mosque proposal 'blatantly disrespectful,'" Aug. 18). Is he a member of the party that preaches less-intrusive government? Is Mr. Harris aware that this proposed Cultural Center at the site of a former Burlington Coat Factory would contain recreation facilities for youth, a restaurant and culinary school, education programs, a library and child care services, in addition to a prayer room (mosque)
BUSINESS
By Julius Westheimer | April 12, 2000
Are you afraid to buy stocks in the roller-coaster Nasdaq index? Look closely and you may find some values. "The Nasdaq index sells at 80 times estimated year 2000 earnings," says Forbes, April 17, "but some of its stocks sell for a tenth of that." The article includes, under "Wall Street's Outcasts": Burlington Coat Factory Warehouse (apparel stores), Detroit Diesel Corp. (auto parts), Haggar Corp. (apparel), and Neiman Marcus Group (department stores). These sell for less than 10 times estimated 2000 earnings.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.