Monroe Milstein, a pioneer in off-price retailing as the cofounder of Burlington Coat Factory died Friday in Bal Harbour, Fla., where he lived. The former chairman, chief executive officer and ...

In August 1972, Monroe Milstein started selling discounted coats out of a defunct coat factory he’d bought for $675,000 in Burlington, N.J. He called his new store Burlington Coat Factory. He liked to ...

The death of Joann fabrics is turning out to be a big gain for at least one other retailer. Following the beloved craft chain’s bankruptcy and subsequent plan to wind down its operations, discount ...

Leaving online shoppers out in the cold with no warnings or explanations (or coats, if that’s what they wanted to buy), Burlington Coat Factory took its Web site offline all day Wednesday (Nov.

His was not exactly a rags-to-riches story, but his family made $1.3 billion from an original down payment of $75,000 in savings. By Sam Roberts Monroe Milstein, who turned a $75,000 investment in a ...