🔒Burlington to dress up vacant storefront in Augusta mall
Burlington Coat Factory plans to open a store at the Turnpike Mall in Augusta formerly occupied by Bed Bath and Beyond. DIAGRAM / EASTERN RETAIL PROPERTIES
The New Jersey-based discount retailer of apparel, footwear, accessories and home goods with two stores in Maine aims to open a third at Augusta’s Turnpike Mall off I-95.
The retailer formerly known as Burlington Coat Factory, with two stores in Maine, is getting ready to open a third at the Turnpike Mall in Augusta.
The New Jersey-based company shortened its name to Burlington to reflect an inventory of not only coats and apparel, but also footwear, accessories and home goods.
The company, owned by Burlington Stores Inc. (NYSE:BURL), was recently granted a permit by the city of Augusta to put up four signs at 42 Whitten Road, in a space formerly occupied by Bed Bath & Beyond before its bankruptcy in 2023.Burlington Coat Factory signage at the Turnpike Mall would look like this, the permit documents show. COURTESY / CITY OF AUGUSTA
Burlington's 21-page permit allows for two internally illuminated wall signs and two replacement illuminated ground signs. The permit, dated Jan. 30, 2026, is good through Jan. 30, 2027.
In an email to Mainebiz, a spokeswoman for the retailer said the company is "thrilled to bring a new store location" to Augusta but could not offer any further information about the planned store.
At the Turnpike Mall, located near Exit 109 off I-95, Burlington Coat Factory would join other retailers, including Hobby Lobby, Harbor Freight and Ocean State Job Lot.
An online property brochure from Eastern Retail Properties shows that the proposed store would be situated between Ocean State Job Lot and two vacant spots, of 2,515 square feet and 32,965 square feet. It also shows a proposed Boot Barn between Petco and Hobby Lobby.
“Less than five years ago, the Western Avenue corridor in Augusta had three distressed retail plazas and today there are none,” Keith Luke, Augusta’s economic development director, told Mainebiz.
“The retail landscape in Augusta has evolved, and right now much of it continues to be positive,” he added.
Earnings snapshot
Elsewhere in Maine, Burlington has stores in South Portland and Bangor.
The company posted adjusted third-quarter earnings per share of $1.80, which was 16% higher than a year ago and above the $1.59 per share estimate of analysts polled by Zacks Investment Research. Sales were up by 7% in the third quarter, while comparable store sales increased by 1%,
At the time, the company said it expects to open 104 net new stores in 2026.
As of Tuesday's close on Wall Street, the stock has a market value of around $19.7 billion. Shares are trading 27% higher than a year ago.