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Burlington Coat to Open in Union Square
NEW YORK
-- After 40 years of operating stores, Burlington Coat Factory this Friday finally gets its "flagship."
The expansion-minded off-price retailer will open a three-level, 92,000-square-foot store at 4 Union Square South, by 14th Street and University Place, in a former Filene's Basement site. "We're looking at this store as our overall flagship," Tom Kingsbury, president and chief executive officer, told WWD in an interview Tuesday.
It fits the flagship criteria for several reasons, according to Kingsbury. First, the Union Square store will be a top-volume location in the 470-unit chain due to the area's heavy pedestrian traffic, higher percentage of better and best prices and contemporary styles, and greater square footage compared to other Burlington Coat units, which average 80,000 square...