Men’s Wearhouse
Jos. A. Bank and Men’s Wearhouse Due to the growth of the COVID-19 outbreak, customers were compelled to work from home or in places where formal wear was not needed. A. Bank parent company Tailored Brands said this summer that it will close around 500 locations “over time.” Despite this, after filing for bankruptcy protection in August and leaving Chapter 11 proceedings in November, the company has made a tremendous comeback.
Men’s Wearhouse
Chico’s
Chico’s is sticking to its guns, as it announced yesterday that it will eliminate 250 sites over the next three years, beginning in 2019. The women’s apparel company is also pursuing a number of other initiatives, including a shift in focus from traditional retail sales to online business operations.
Chico’s