Hudson’s Bay to test Home Outfitters concept in United States
New York City -- Hudson’s Bay Co. will test its HBC’s Home Outfitters concept in the United States, opening two stores in New Jersey in late summer, The Globe and Mail reported.
If successful, the company will further expand the home-goods concept, which will be called Lord & Taylor Home in the United States. (Hudson’s Bay and Lord & Taylor are owned by Purchase, N.Y.-based NRDC Equity Partners.)
The two test stores will carry pricier brands as well as less costly private labels. If they take off within about five months, the company will expand them in the northeast United States and eventually across the United States, the report said.