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HOMEWARD BOUND: Lord & Taylor in August will begin testing two freestanding home stores, in Paramus and Shrewsbury, N.J.
According to a market source, the units will be called Lord & Taylor Home and will be “upscale specialty stores featuring high-quality merchandise in the kitchen, bedding and bath categories.” The source further described the two stores as “tests” to be merchandised by Home Outfitters, a Canadian retail division of the Toronto-based Hudson’s Bay Trading Co., which also operates Lord & Taylor.
Over the years, Lord & Taylor has dabbled in home goods but last fall took a more serious step when the Fifth Avenue flagship in Manhattan reconfigured its ninth floor into a home department with merchandise from Calvin Klein, Ralph Lauren and Jonathan Adler, among other brands.