Jos. A. Bank sales may not rebound for another...
Jos. A. Bank sales may not rebound for another...
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Jos. A. Bank’s sales are expected to remain on a downward trend for at least the next year. Joe Kimmins, CFO of the menswear retailer’s parent company, Houston-based Tailored Brands Inc., told investors Thursday sales are projected to rebound in the second half of 2017, following a wave of store closures. Tailored Brands plans to close up to 139 Jos. A. Bank stores by the end of the year. Net sales for Jos. A. Bank dropped 17.4 percent to $178.5 million first quarter, Tailored Brands reported late…
from http://www.bizjournals.com/baltimore/news/2016/06/09/jos-a-bank-sales-may-not-rebound-for-another-year.html?ana=RSS%26s=article_search