Canada markets closed
  • S&P/TSX

    19,507.05
    +32.40 (+0.17%)
     
  • S&P 500

    4,127.83
    -35.46 (-0.85%)
     
  • DOW

    34,060.66
    -267.13 (-0.78%)
     
  • CAD/USD

    0.8287
    -0.0004 (-0.04%)
     
  • CRUDE OIL

    65.25
    -0.24 (-0.37%)
     
  • BTC-CAD

    51,715.40
    -341.50 (-0.66%)
     
  • CMC Crypto 200

    1,206.81
    -46.33 (-3.70%)
     
  • GOLD FUTURES

    1,869.20
    +1.20 (+0.06%)
     
  • RUSSELL 2000

    2,210.88
    -16.24 (-0.73%)
     
  • 10-Yr Bond

    1.6420
    +0.0020 (+0.12%)
     
  • NASDAQ futures

    13,209.25
    -2.75 (-0.02%)
     
  • VOLATILITY

    21.34
    +1.62 (+8.22%)
     
  • FTSE

    7,034.24
    +1.39 (+0.02%)
     
  • NIKKEI 225

    28,406.84
    +582.01 (+2.09%)
     
  • CAD/EUR

    0.6776
    -0.0039 (-0.57%)
     

L.L.Bean opening four new stores in Canada amid growing demand north of the border

·1 min read

L.L.Bean is opening four new stores in Canada this year as the U.S. retailer continues to grow its customer base north of the border.

The Freeport, Maine, company says the new stores will be in Dartmouth, N.S., Calgary, Victoria and Burnaby, B.C.

L.L.Bean says it has seen continued success in Canada since launching its Canadian e-commerce website in 2018, opening its first brick-and-mortar store in the country a year later.

The outdoor clothing and recreation equipment company, which currently has four stores in Ontario, says it doubled its customer base in Canada in 2020 alone.

Meanwhile, the company says it's also seeing a significant increase in sales this year.

It says its year-to-date highlights include a 500 per cent spike in demand for outdoor furniture, a 400 per cent increase in standup paddleboard sales and a 360 per cent increase in sales of its adventure duffel bags.

“Despite the hurdles that the pandemic presented, in 2020 we successfully opened three new L.L.Bean retail locations in Ontario and saw strong overall performance in the Canadian market,” Howie Kastner, president of Jaytex Group, L.L.Bean’s Canadian partner, said in a statement.

“This continued success speaks to the inherent love of the outdoors and eagerness for new adventures that Canadian customers share with the brand. We look forward to continuing to explore opportunities across Canada and support this growing customer base.”

This report by The Canadian Press was first published April 29, 2021.

The Canadian Press