Men’s Wearhouse and Jos. A. Bank parent to close 500 stores

July 22, 2020

Tailored Brands, the parent company of Men’s Wearhouse and Jos. A. Bank, plans to close up to 500 stores “as a result of the unprecedented and industrywide business disruptions resulting from the coronavirus pandemic …” The company also said it plans to cut about 20 percent of its corporate workforce.

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