The partnership will enable Tailored Brands (parent company of Men’s Wearhouse and Jos. A. Bank) to improve inventory efficiency, reduce costs and enhance customer satisfaction with advanced AI-driven technology from … Continue Reading →
Ending months of speculation, Amazon says it has leased 20 Boeing 767 cargo jets from Air Transport Services Group Inc., while taking a 20% stake in the Ohio company. This gives Amazon a significant boost in its air freight capacity, as much as 15%, and signals to the major carriers it is eager to control more of its logistics destiny.
On my drive to work Wednesday morning, I was thinking how Yogi Berra said a lot of things that, many years later, can be translated into the retail world. So in honor of Yogi Berra, and using his jersey number, here are 8 Yogi-isms for the ecommerce world.
Should Aeropostale, Lululemon and Shutterfly worry about about making 24/7 Wall St.’s 10 Brands That Will Disappear in 2015 list? A look at past lists shows some pretty mixed results.
AlixPartners has been chosen to lead the integration of Jos. A. Bank into The Men’s Wearhouse.
It was like The Men’s Wearhouse kept calling and Jos. A. Bank would yell, “‘taint enough, call back” and hang up. We’ll do some serious reporting on this $1.8 billion acquisition soon. Meanwhile, enjoy the clip.
Men’s Wearhouse and Jos. A. Bank announced that the merchants have entered into a definitive agreement in which Men’s Wearhouse will acquire all of the outstanding shares of common stock of Jos. A. Bank for $1.8 billion. Together, Men’s Wearhouse and Jos. A. Bank will have more than 1,700 stores in the U.S., with approximately 23,000 employees and sales of $3.5 billion on a pro forma basis.
Men’s Wearhouse has confirmed that it entered into a non-disclosure agreement with Jos. A. Bank and agreed to exchange certain confidential information and to work in good faith to evaluate a potential combination. It was also announced that Men’s Wearhouse has received a draft merger agreement from Jos. A. Bank.
Jos. A. Bank has entered into an agreement to acquire Eddie Bauer from Golden Gate Capital in an $825 million cash and stock deal.
Jerry Seinfeld is fascinated by the ongoing acquisition battle between Men’s Wearhouse and Jos. A. Bank. Seinfeld laughed about it during an appearance on BuzzFeed Brews with CBS This Morning.