October 01, 2016 3:09 AM ET

Specialty Retail

Company Overview of Burlington Coat Factory Warehouse Corporation

Company Overview

Burlington Coat Factory Warehouse Corporation operates as a retailer of branded apparel in the United States. The company provides in-season and fashion-focused merchandise, such as ladies sportswear, menswear, coats, and family footwear, as well as baby furniture, accessories, home décor, and gifts; designer and fashion shoes; and baby clothing and other merchandise products. As of February 1, 2014, it operated 503 stores under the Burlington Coat Factory name; 2 stores under the Cohoes Fashions name; 2 stores under the Super Baby Depot name; 13 stores under the MJM Designer Shoes name; and 1 store under the Burlington Shoes name, as well as operated an Internet store in 44 states and Puert...

1830 Route 130 North

Burlington, NJ 08016

United States

Founded in 1972

Phone:

609-387-7800

Key Executives for Burlington Coat Factory Warehouse Corporation

Chief Executive Officer of Burlington Coat Factory Investments Holdings, Inc and President of Burlington Coat Factory Investments Holdings, Inc
Age: 63
Chief Accounting Officer and Senior Vice President
Age: 59
Chief Marketing Officer and Vice President
Age: 51
Vice President and Treasurer
Age: 62
Executive Vice President of Human Resources
Age: 61
Compensation as of Fiscal Year 2016.

Burlington Coat Factory Warehouse Corporation Key Developments

Burlington Coat Factory Warehouse Corporation Enters into Amendment No. 5 to the Credit Agreement Dated as of February 24, 2011

On July 29, 2016, Burlington Coat Factory Warehouse Corporation entered into Amendment No. 5 (the Amendment) to the Credit Agreement dated as of February 24, 2011 (as amended by that certain Amendment No. 1 dated as of May 16, 2012, as further amended by that certain Amendment No. 2 dated as of February 15, 2013, as further amended by that certain Amendment No. 3 dated as of May 17, 2013, and as further amended by that certain Amendment No. 4 dated as of August 13, 2014, the Term Loan Credit Agreement) with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders and facility guarantors party thereto. JPMorgan Chase Bank, N.A. and Goldman Sachs Lending Partners LLC acted as joint lead arrangers and joint bookrunners for the Amendment. The parties entered into the Amendment in order to, among other things, reduce the interest rate margins applicable to the company's term loan facility from 2.25% to 1.75%, in the case of prime rate loans, and from 3.25% to 2.75%, in the case of LIBOR loans, with the LIBOR floor being reduced from 1.00% to 0.75%. The Amendment was accomplished by replacing the outstanding $1,117 million principal amount of term B-3 loans (the Term B-3 Loans) with a like aggregate principal amount of term B-4 loans (the Term B-4 Loans).

Burlington Coat Factory Warehouse Corporation to Open New Store in Grandview, Missouri

Burlington Coat Factory Warehouse Corporation has announced that it will open a new 60,000sqft store in Grandview, Missouri in fall 2015. The new Burlington will be located at Truman Corners at South US Hwy 71 in Grandview, MO. This opening will bring approximately 50-100 new jobs to the Grandview community and will be one of eight Burlington locations in the state of Missouri. The store will feature ladies' apparel, accessories, menswear, family footwear, children's clothing, a broad assortment of furniture and accessories for baby at Baby Depot, home decor and gifts, selection of coats in the nation.

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