Men’s Wearhouse
Tailored Brands, the parent company of Men’s Wearhouse and Jos. A. Bank, stated last summer that it had selected almost 500 stories for closure “over time.” The COVID-19 pandemic wreaked havoc on men’s clothing shops as consumers migrated to distant jobs with lower demand for formalwear. Nonetheless, the firm is gradually regaining its footing after declaring bankruptcy in August and entering the final phases of Chapter 11 proceedings in November.
Men’s Wearhouse
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Chico’s
Chico’s is sticking to its previously stated strategy of closing 250 locations over the next three years, beginning in 2019. Among other things, the women’s apparel store is attempting to change its focus to online sales and operations.
Chico’s
