Men’s Wearhouse Parent Company to Close 500 Stores

Men’s Wearhouse Parent Company to Close 500 Stores
The interior of a Men's Wearhouse store in a file photo. Scott Olson/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

The parent company of Men’s Wearhouse and JoS. A. Bank announced hundreds of store closures and a round of layoffs as its business continues to reel from the CCP virus pandemic.

Tailored Brands, which also owns Moores Clothing for Men and K&G, announced that it would eliminate about 20 percent of its corporate workforce by the end of the second quarter.

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Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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