By  on October 26, 2015

Lord & Taylor will launch its first off-price stores beginning next month, becoming the latest entry into a hot sector that continues to capture greater square footage and consumer dollars.

The first “Find @ Lord & Taylor” off-price store will open Nov. 19, at 180 Route 4 East in Paramus, N.J., at the intersection with Paramus Road, WWD has learned. It’s a freestanding building, and fittingly, a former Loehmann’s site. Up to ten Find @Lord & Taylor off-price stores are seen operating in 2016, according to executives from Hudson’s Bay Co., the parent company.

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