Men's Wearhouse and Jos. A. Bank are closing hundreds of stores

  • By cvbizz
  • July 21, 2020
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via wyff.com

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Tailored Brands, which owns suit sellers Men’s Wearhouse and Jos. A. Bank, is shuttering hundreds of stores and drastically reducing its corporate workforce as the coronavirus pandemic continues to decimate the retail industry.The company has identified 500 stores for closures and said it’s cutting 20% of its corporate positions in hopes of strengthening its “financial position and enable it to compete more effectively in the

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