Burlington Coat Factory

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percent at in fiscal 2009 as it opened more but comparable-store sales fell in the tough retailk climate. The Burlington, N.J.-based company operates 433 stores, includinfg one at in Guilderland and at Latham Circle Mall in Net sales from continuingf operationswere $3.54 billion in the fiscal year that ended May 30, compared with $3.39 billio n in the previous year, according to the company. Burlingto opened 36 stores during the Sales at stores open at least a a critical gauge in theretail industry, fell 2.5 percent during the “We are very pleased to continue to report a tota l sales and market share increase,” CEO Tom Kingsburyh said.
“In addition, the ongoing success of our cost reductioj initiative has enabled us to end the year with a more curren inventory position as we move into the 2010fiscalk year.” Fiscal fourth-quarter sales rose 3.9 to $811.5 million, but comparable-store sales fell 3.1 percenrt during the quarter. Two stores that had closed due to Hurricans Ike were reopened during thefourtb quarter.