Jos. A. Bank continued its trend of stabilization as sales decreased in the first quarter but not by as much as the previous year. The Hampstead-based men’s retailer’s net sales declined 6.3 percent to $167.2 million for the quarter ending April 29, compared to last year when when net sales declined by more than 17 percent to $178.5 million. Comparable sales at Jos. A. Bank improved 3.5 percent, as the total number of transactions increased. Last year comparable sales declined 16 percent. Customers…
from http://www.bizjournals.com/baltimore/news/2017/06/07/jos-a-bank-sales-continue-to-decline-but-at-a.html?ana=RSS%26s=article_search
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