Baltimore Checkbook: As many as 139 Jos. A. Bank stores are closing

Wednesday, March 9, 2016

As many as 139 Jos. A. Bank stores are closing

Well over 100 Jos A. Bank stores are expected to close in 2016 as its parent company struggles to stop a loss in sales. The closures are part of a move by Tailored Brands to close 250 stores this year, including 80 to 90 full-line Jos. A. Bank stores and all 49 Jos. A. Bank outlet stores. The remaining stores to be shuttered fall under the Men’s Wearhouse outlet and MW Tux banners. The Jos. A. Bank stores will be shut down because they have been judged to have little potential to improve profits,…