Jos. A Bank Clothiers Inc. has put its foot back on the accelerator.
After a minor stumble in the first quarter, the Hampstead, Md.-based retailer said second-quarter profits topped expectations and that it was aggressively planning to increase its store count. The company currently operates 572 stores, but said it now envisions an 800-unit chain. The previous plan had been to grow to between 650 and 675 stores. The goal now is to eventually operate 700 full-line stores and 100 factory outlets.
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