JOSB to open 46 new stores in second half

25 Aug '05

2 min read

Men's wear retailer JoS. A. Bank Clothiers Inc (JOSB) announces it plans to open approximately 46 new stores in the second half of fiscal 2005, including at least 25 stores in the third quarter. With these additional new stores, the Company will achieve the opening of 60 new stores in fiscal 2005. The Company plans to grow the chain to approximately 500 stores over the next three to four years.

"With the strong sales trends and continued profit growth, they are very encouraged as they execute their plan to become the dominant menswear brand in the United States," stated Robert N. Wildrick, Chief Executive Officer of JoS. A. Bank Clothiers Inc.

The most recent stores have been opened in the following locations in the third quarter:

- Arlington Town Center in Arlington Heights, Illinois
- Shoppes at College Hills in Normal, Illinois
- Waterford Commons in Waterford, Connecticut
- Abercorn Walk in Savannah, Georgia

Famous menswear retailer JoS. A. Bank Clothiers Inc (JOSB), established in 1905, is one of the nation's leading retailers of men's classically-styled tailored and casual clothing, sportswear, footwear and accessories. The Company is headquartered in Hampstead, MD, and its common stock is listed on the Nasdaq National Market under the symbol "JOSB".

JoS. A. Bank Clothiers Inc

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