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You Won’t Believe What Is Going Into The Bed Bath and Beyond Building
Earlier this year Bed Bath and Beyond announced it would be closing its stores nationwide. Here in Midland, the Bed Bath and Beyond location is a prime piece of real estate. It is a very large building in a prime location.
Rumors swirled when the stores first announced they were closing that buildings would be turned into pickleball courts. However, that is not the case. According to Maybe In Midland-Odessa, Burlington has purchased the lease rights and will move into that location located in the northeast corner of the shopping center with Home Goods and TJ Max. This will be Burlington's second location as they also have one in the Music City Mall in Odessa. Maybe In Midland-Odessa shared that Burlington is currently hiring for their newest location.
Burlington, formerly known as Burlington Coat Factory, has over 1,000 stores in 40 states and Puerto Rico. A father and son duo named Abe and Monroe Milstein opened their first outdoor warehouse in 1946. In 1972 Abe's daughter-in-law convinced the father and son team to purchase a former factory outlet in Burlington, New Jersey, and that's where the name came from. For many years they focused on coats but wanted to be a business that serviced their customers year-round. They eventually started linens, gift items, a baby department, and shoes. They opened their second location in 1975 on Long Island. In 1983 Burlington Coat Factory went public and in 2006 the company sold to Bain Capital Partners for $2.06 billion dollars. The Milstein's retained 30 million shares of the company raking in another $1.3 billion.
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