May Department Stores Co, owner of Lord & Taylor, Famous-Barr and The Jones Store, has revealed details of an ambitious expansion plan that will see it open more than 200 new stores by the end of 2006.

A Securities and Exchange Commission filing on Friday said the St Louis-based retailer is looking to open 62 new department stores and at least 150 bridal group stores over the next five years.

The $4.1 billion investment includes a $1.6 billion for new stores, $1.2 billion to expand and remodel existing stores, and $370 million for systems and operations upgrades.

May currently has 439 department stores in 37 states. This year it plans to open 11 new department stores and remodel 31.