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National furniture store coming to Outlets

June 15, 1999|By KERRY LYNN FRALEY

A budding national furniture store chain will open its second store in a new 65,000-square-foot building at Prime Outlets at Hagerstown in early 2000, the head of the Dallas-based company confirmed Tuesday.

The Home Co., which was formed in August 1998, will open its first store at Prime Outlets at San Marcos, near Austin, Texas, on Aug. 1, said President and Chief Executive Officer Steve McKee.

The company - owned by the same company that owns the Prime Outlets centers but operated independently - plans to open its next store at Prime Outlets at Hagerstown, McKee said.

Target opening date is March 2000, he said.

Employing about 40 workers, The Home Co. will fill a new stand-alone building at the Hagerstown center and serve as an anchor to a neighboring group of home furnishings stores not owned by The Home Co., McKee said.

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The Home Co. will sell high-end brands of furniture and accessories at a 30 to 60 percent discount off retail, said Jarrod Walpert, spokesman for Baltimore-based Prime Retail, which owns the Prime Outlets centers and The Home Co.

Brands will include Ralph Lauren, Eddie Bauer, Henredon, Hickory Chair and Nautica by Lexington.

The Home Co. stores will combine an exceptional product offering, extremely good value and an exceptional shopping experience, McKee said.

"The store is very fresh and unique," he said.

The Home Co.'s plan is to open stores across the United States "following in the tracks of Prime Retail's most successful outlet centers," McKee said.

Prime Outlets at Hagerstown has about 80 stores now.

The new building will be on the east side of the outlet mall near The Gap, Brian Downie, Prime Retail's vice president of development, said last week.

It is being built in addition to the 100,000-square-foot third phase, with space for 25 new stores, Downie said.

The names of the stores in the third phase have not be released.

You can find out more about The Home Co. online at www.thehomeco.com. The Prime Outlets' site is at www.primeoutlets.com.

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