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Burlington Swings to a Loss

Burlington Coat Factory posted a net loss of $6.27 million for the fiscal year ended Jan. 28, compared to net income of $22.1 million in the previous fiscal year.
     Sales rose 5.0% to $3.85 billion. Comps rose 0.7%. Home was among the departments that outperformed the company average.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.