Men’s Wearhouse
Tailored Brands was known to be Men’s Wearhouse and Jos. A. Bank’s parent company announced the closure of 500 of its stores. The company was significantly affected by the COVID 19 outbreak, and customers shifted to new jobs that did not require formal outfits. Men’s Wearhouse applied for Chapter 11 bankruptcy last November, and the company was gradually recovering from the loss.
Men’s Wearhouse
Chico’s
George J. C. Becker, Chico’s CEO, announced that the company was eagerly putting its best foot forward to close more than two hundred stores within three years. It seemed like Chico’s was consistent and on schedule in reaching its goal. One of Chico’s fashion stores improved its online commerce sales and activity to provide more avenues for its customers.
Chico’s
