he company was founded in 1924 as "Burlington Coat Factory Warehouse Corporation", a wholesaler of ladies coats and outerwear. The modern company was .. read moreformed in 1972 when Monroe Milstein purchased a warehouse in Burlington, New Jersey, and started selling coats and outerwear. The company started gradually adding apparel, including suits, shoes, and accessories, and presently has even branched out to include baby items and linens, all clothing at considerable discount to some of its competition. MJM Designer Shoes and Cohoes Fashions are separate stores in the Burlington Coat Factory family. In 2007, the company announced that three of the seven Cohoes stores will close, and two of the remaining Cohoes stores will be converted to Burlington Coat Factory. The fate of the other two Cohoes stores is unknown.