Oct 20, 2017
LXRandCo secures another 20 store openings
Oct 20, 2017
LXRandCo has secured another 20 "shop-in-shop" locations, scheduled to open throughout November.
The Montreal-based omnichannel retailer, known for carrying branded vintage luxury handbags and accessories, has been on an aggressive growth streak, which includes doubling its store count to more than 120 locations.
The retail partnership is with an unnamed national department store with more than 500 locations across the US and is the company's ninth retail partner.
"This new partnership further demonstrates the attractiveness of the LXRandCo value proposition to retailers," said Todd Howard, Executive Vice President, Global Business Development, LXRandCo, Inc., in a news statement. "We look forward to continuing to build on this strong momentum throughout the remainder of the year and into 2018."
LXRandCo also announced that it has completed 27 previously announced scheduled openings, bringing its total open store count to 88, while the Company's pro forma store count stands at 115.
Last month, the retailer also announced that it was expanding its vintage luxury product offering into apparel and shoes for both women and men.
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