Jos. A. Bank Clothiers

In this week's Retail Right Now, Joe Keenan and Kristina Stidham discuss Total Retail's 2019 Top 100 Omnichannel Retailers report. They discuss key findings to emerge from the report, as well as identify the omnichannel trends gathered from the data. This report is the third annual ranking of 100 publicly traded retailers based on their…

For all the emphasis the e-commerce industry places on big data, the benefits of data are proportional to its quality. Think of it this way: big data is crude oil and rich data is refined fuel. Now let’s apply it to product data: when it’s unstructured, it’s useless, but once it’s organized and enriched, it…

Tailored Brands Inc., the former Men’s Wearhouse, will close roughly 250 stores, including all its outlet stores, seeking to revamp operations after ending the year with a $1 billion net loss. The loss was driven by $1.2 billion in impairment charges as it wrote down the value of Jos. A. Bank, its one-time rival, which Men’s…

Men’s Wearhouse executives said they didn’t know how “toxic” promotions — such as buy-one-get-three free — at its struggling Jos. A. Bank brand would be when they bought it, but they’ve got a plan to fix it. Heading into the purchase, Chief Executive Doug Ewert said Men’s Wearhouse had a history of turning around troubled…

Stock up on suits you don't need. On Thursday, men’s apparel specialist Jos. A. Bank launched what it's calling the “Last Time Ever” for its infamous “Buy 1 Get 3 Free” sales. The current sale stretches through Sunday and includes a separate “buy 1 get 2 free” deal on dress shirts, pants and sweaters, plus 70…

Several former executives of Jos. A. Bank Clothiers Inc. plan to launch a retail brand that will be based in Maryland and sell classically styled men's apparel for business professionals. Plans call for menswear retailer Wilkes & Riley to open online in November and expand with stores, most likely after the first couple of years,…

Nearly a year after being acquired by rival Men's Wearhouse in a contentious takeover struggle, Jos. A. Bank Clothiers will lay off 122 employees at the company's corporate headquarters in Hampstead, Md., a company spokesman said Monday. The layoffs represent about 15 percent of the 780 employees at what has been Carroll County's fourth-largest employer. The employees losing their jobs were duplicating work being performed at Men's Wearhouse offices in New York City and Fremont, Calif., said Men's Wearhouse spokesman Diego Louro, although he declined to specify the types of positions being eliminated.

The man who inadvertently lit the fuse that led to the hottest takeover battle in years was left unmentioned in the announcement of a $1.8 billion merger of two once-warring men's suits chains. Despite repeated inquiries from reporters, George Zimmer, the genial, bearded founder of Men's Wearhouse, has been almost entirely absent from public view during six months of bids, counter bids, lawsuits and invective that were furiously lobbed back and forth by his former company and Jos. A. Bank Clothiers. Ending the hostilities, Men's Wearhouse agreed on Tuesday to buy its rival for $65 a share in cash.

Men's Wearhouse agreed on Tuesday to buy its rival Jos. A. Bank Clothiers for $65 a share in cash, ending months of hostilities between the two retailers. The companies and their advisers worked through the weekend and finally agreed on a deal that values Jos. A. Bank at

Men's Wearhouse agreed on Tuesday to buy its rival Jos. A. Bank Clothiers for $65 a share in cash, ending months of hostilities between the two retailers. The companies and their advisers worked through the weekend and finally agreed on a deal that values Jos. A. Bank at