The retirement of Jos A. Bank’s long held “buy-one-get-three-free suits” sales apparently did nothing to help parent company Tailored Brands spur sales in the last year. In fact, the company, formerly known as Men’s Wearhouse, says it lost $1 billion in 2015. As a result, it now plans to shutter 250 of its men’s clothing stores, including all Jos A. Bank and Men’s Wearhouse outlets. [More]
The number of weddings relative to the U.S. population is the lowest it’s been since World War I, and tuxedo-rental shops like Men’s Wearhouse are seeing a decrease in their business. They blame demographic patterns, changes in wedding fashion, and changes in the formalwear rental business as a whole for the decrease, and see the trend continuing for now. [More]
Reader Brad had to delay his wedding so his father could speed through Vermont to retrieve a pair of pants Men’s Wearhouse forgot to include as part of Brad’s rental tux. Two days earlier, Brad learned that the fitted tuxes he and his father had rented were too short and too tight. Men’s Wearhouse offered to re-order the tuxes, but refused to deliver them to Brad’s wedding, forcing his father to drive three hours to pick up the replacement garments. When he returned, not only did they realize that Brad’s pants were missing, but his vest was missing a button, and his jacket sleeves hadn’t been hemmed.