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Jos. A. Bank Clothiers Inc.

A collection of news and information related to Jos. A. Bank Clothiers Inc. published by this site and its partners.

Top Jos. A. Bank Clothiers Inc. Articles

Displaying items 12-22
  • Bank shareholder nominates outside directors

    Bank shareholder nominates outside directors
    Continuing to push Jos. A. Bank Clothiers to talk merger with Men's Wearhouse, a large shareholder identified the two men it has nominated to the Hampstead-based retailer's board. Eminence Capital LLC, a New York hedge fund that owns 4.9 percent of Bank'...
  • Harris Teeter will open April 8 in Shops at Canton Crossing

    Harris Teeter will open April 8 in Shops at Canton Crossing
    The long-awaited Harris Teeter supermarket anchoring the Shops at Canton Crossing will open April 8, the chain said Thursday. Furniture retailer Arhaus and menswear chain Jos. A. Bank Clothiers also announced one new area store each on Thursday....
  • Men's Wearhouse hires advisory firm to help merge Jos. A. Bank chain

    Men's Wearhouse hires advisory firm to help merge Jos. A. Bank chain
    The Men's Wearhouse Inc. hired a business advisory firm to help it merge with Hampstead-based Jos. A. Bank Clothiers Inc. once it acquires the rival retailer in a $1.8 billion deal announced earlier this month. The firm, AlixPartners, will help Men's...
  • Jos. A. Bank earnings slip on costs related to takeover

    Jos. A. Bank earnings slip on costs related to takeover
    Jos. A. Bank Clothiers saw its earnings slide in the fourth quarter as the menswear retailer attempted to fight off a takeover by Men's Wearhouse. The Hampstead-based retailer ultimately succumbed, agreeing to a $1.8 billion merger with its larger rival...
  • Men's Wearhouse to buy Jos. A. Bank for $1.8 billion after long battle

    Men's Wearhouse to buy Jos. A. Bank for $1.8 billion after long battle
    For months, Men's Wearhouse was a persistent suitor, and Tuesday it got what it wanted: Jos. A. Bank. The rival menswear retailers announced Tuesday that Men's Wearhouse Inc. would buy its rival for $65 a share, or $1.8 billion, creating a company...
  • Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion

    Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion
    Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday. The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...
  • Jos. A. Bank takeover could mean job loss for Carroll County

    Jos. A. Bank takeover could mean job loss for Carroll County
    The purchase of Hampstead-based Jos. A. Bank Clothiers by Men's Wearhouse will likely mean fewer jobs in Carroll County, where the suit company is the fourth-largest employer. Local officials said Tuesday that it is too early to know how severe the...
  • President Obama shops for Michelle and the girls at Gap

    On a trip to Manhattan on Tuesday, President Obama made an unscheduled visit to a midtown Gap to talk about raising the minimum wage and draw attention to the retailer, which has done so. And he also shopped for a jacket for First Lady Michelle Obama...
  • Jos. A. Bank and Men's Wearhouse to retain identities in business marriage

    Jos. A. Bank and Men's Wearhouse to retain identities in business marriage
    They both sell suits to the American middle class, but in consumers' minds, Jos. A. Bank Clothiers and the Men's Wearhouse occupy distinctive niches. Bank's image is classic, Men's Wearhouse is trendier. Though both are known for a promotional sales...
  • Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse

    Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse
    The chairman of Jos. A. Bank Clothiers Inc. will receive a payout of up to $5.8 million as part of the chain's acquisition by Men's Wearhouse in a $1.8 billion deal. Bank Chairman Robert N. Wildrick will be paid $3.5 million under a two-year noncompete...
  • Men's Wearhouse raises offer for Jos. A. Bank

    Men's Wearhouse raises offer for Jos. A. Bank
    Men's Wearhouse Inc. raised its offer for Jos. A. Bank Clothiers Inc. by more than 10 percent, nearly two weeks after its smaller rival looked to fend off the unsolicited bid by agreeing to acquire Eddie Bauer. Men's Wearhouse raised its cash tender...