By  on October 29, 2012

Holt Renfrew will next year launch hr2, a lower-priced alternative to its luxury stores.

The Toronto-based retailer said the concept will “fill a void in the Canadian market” and will debut in March with a 30,000-square-foot store in Montreal’s Quartier DIX30 shopping center. Another location is planned for Ontario early next year. The company expects to open hr2 stores across the country but did not specify how many.

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