By  on December 6, 2010

Lord & Taylor says Yonkers, N.Y., could just be the first stop on a new expansion trail.

“Business has been very strong. We are looking to open new stores to expand our concept,” Richard Baker, chairman of Lord & Taylor’s parent company, the Hudson’s Bay Trading Co., told WWD. “We are working on a number of additional full-line stores, in addition to outlets, in existing markets and perhaps new markets.”He didn’t specify any potential sites.

Baker, and Forest City Enterprises Inc., developer of the Ridge Hill mixed-use center in Yonkers, confirmed Friday that Lord & Taylor will open an 80,000-square-foot, two-level unit on the site in spring 2012.

Yonkers marks Lord & Taylor’s first regular-price store opening in 10 years. Lord & Taylor now operates 46 units concentrated in the Northeast. There are also stores in Washington, Chicago and Detroit. Lord & Taylor opened its first two outlets this year.

“Ridge Hill is located in a portion of Westchester with great demographics. We think it is very underserved,” Baker said. “There are millions of people within an extended trade area. We have a very good understanding of the Westchester market because of our existing Westchester store,” which is in Scarsdale. “It’s our second most productive store,” next to the Fifth Avenue flagship in Manhattan. Scarsdale generates about $90 million in annual sales.

The Yonkers store will reflect some of the upgrades seen at the Fifth Avenue flagship including the new beauty floor and its open-sell format, and the new home floor, which is the only one in the chain so far. Yonkers will also have a more contemporary decor, compared to the rest of the chain.

The 1.3-million-square-foot Ridge Hill is under construction and scheduled to open next year.

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