Posted inBusiness

Jos. A. Bank’s Makeover Will Dial Back Discounts, Update Clothes

(Bloomberg) โ€“ Jos. A. Bank, the clothing chain whose aggressive discounts were mocked in a โ€œSaturday Night Liveโ€ sketch, no longer expects customers to buy four suits at a time. But two might be nice. Under new owner Menโ€™s Wearhouse, the company is making its promotions less outlandish โ€” though not abandoning them altogether โ€” […]

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