Tailored Brands made that decision because it wanted to rebuild the Jos. Bank profit model, broaden customer appeal, and strengthen the margin profile.click here
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It was about boosting the bottom line, and the company expected the top line to suffer from some volatility. What happened? Sales plummeted at Jos. Bank, with comparable sales down a whopping That includes a staggering Things haven't improved much at Jos. Bank since then. Comparable sales declined another 9. Customers have come to expect coupons, and they will probably just shop somewhere else if they don't have them. If Tailored Brands' experience with Jos.
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