However, the company’s actions to maintain liquidity caused the stock to rise in after-hours trading.
Hand sanitizers, employee temperature checks, plexiglass barriers and cashless payment options will be the new norm as approximately 43 stores in 10 states reopen this week.
David Edwab, who has been associated with the company for more than 30 years, had served as vice chairman.
With so many retailers facing an uncertain future, some are using new tactics to protect themselves.
With work-from-home culture taking over, e-commerce is stepping into the commerce spotlight.
The new Go Anywhere collection, includes a full line of men’s and women’s apparel basics.
Company shares fell by nearly 30 percent as a result.
The merchant, marketing and e-commerce executives were handpicked by the company’s president, Carrie Ask.
With income about a third of what it was last year, the company revised its fourth-quarter outlook.
Carries Ask joins as brand president, while Scott Norris moves to chief merchandising officer role.
The company has rounded the corner at its Jos. A. Bank division and is making enormous strides in custom clothing.
George Zimmer first listed the oceanfront estate in 2015 for $35 million.
The custom suit business has been a bright spot for Men’s Wearhouse and Jos. A. Bank.
Q2 was important for acquiring Millennial men due to occasion — proms, graduation, weddings — dressing.
Also, Allen I. Questrom has elected not to stand for reelection to the board.