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LL Bean plans to open first store in New York

24
May '06
LL Bean, a leading multi-channel retailer of outdoor gear and apparel, will soon offer New York residents an opportunity to shop their brand in person.

The company announced plans to open its first store in New York in the Colonie Center Mall located in Albany by early 2008.

Colonie Center is located just off Interstate 87 on Wolf Road, which is a main thoroughfare for the state capital region and tourists visiting the Adirondacks.

The store will be 30,000 square feet and will employ approximately 150 people year round. It will feature a selection of casual and active apparel and outdoor gear including camping, biking, and boating products. In addition, LL Bean will offer a variety of outdoor programs through its Outdoor Discovery Schools.

"We're building significant momentum with today's announcement," said Chris McCormick, President and CEO of LL Bean.

"With the Albany store, we're pushing our boundaries westward and expanding our retail presence to eight states outside Maine. Retail expansion is essential to our company's growth strategy for all sales channels, and entering New York is an especially big step," he added.

In February, LL Bean announced plans to open several new stores over the next three years including one in September 2006, in Burlington, Massachusetts, another in Center Valley, Pennsylvania, in October 2006, and a third in South Windsor, Connecticut, in summer 2007.

"Adding Albany to the list is a great move for us," said Ken Kacere, Sr. VP and GM of LL Bean's Retail Division. "We have many loyal customers in the Albany area, and the store's proximity to the upstate region and the opportunities for outdoor recreation it offers is an ideal fit."


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