Content about A. Bank Clothiers Inc.

November 15, 2013

Following a heated back-and-forth between Jos. A. Bank and the Men’s Wearhouse, which culminated in an ultimatum, Jos. A. Bank Clothiers has terminated its acquisition proposal.

Following a heated back-and-forth between Jos. A. Bank and the Men’s Wearhouse, which culminated in an ultimatum, Jos. A. Bank Clothiers has terminated its acquisition proposal.

As previously reported, Jos. A. Bank had advised the Men's Wearhouse board that it would terminate its all-cash proposal to purchase the company for $48 per share if the board failed to “engage in good faith negotiations” by Nov. 14. The day came and went and the companies continued in a deadlock.

September 4, 2013

JoS. A. Bank have appointed Byron "Bud" Bergren to the company’s board of directors. Bergren will also serve on the audit committee.

HAMPSTEAD, Md. — JoS. A. Bank has appointed Byron "Bud" Bergren to the company’s board of directors. Bergren will also serve on the audit committee.

Bergren was formerly chairman of the board at Bon-Ton Stores from February 2012 to June 2013. From 2002 to 2011, he served as president and CEO of Bon-Ton, where he led the company's acquisition of Saks Northern Department Store Group. Bergren received a B.S. degree from St. Cloud State University. He served on the board of directors of the National Retail Federation from 2008 to 2012.

June 26, 2013

JoS. A. Bank Clothiers teamed up with the Gary Sinise Foundation to give suits to thousands of military veterans as they re-enter the civilian workforce.

HAMPSTEAD, Md. — JoS. A. Bank Clothiers teamed up with the Gary Sinise Foundation to give suits to thousands of military veterans as they re-enter the civilian workforce.

April 3, 2013

JoS. A. Bank Clothiers reported that its net sales for the fiscal year were $1.05 billion, representing a 7.1% gain as compared with net sales of $979.9 million in fiscal year 2011.

HAMPSTEAD, Md., — JoS. A. Bank Clothiers reported that its net sales for the fiscal year were $1.05 billion, representing a 7.1% gain as compared with net sales of $979.9 million in fiscal year 2011. Comparable-store sales decreased 0.5% during fiscal year 2012, while direct marketing sales increased 22.7%. Combined comparable-store and Internet sales in fiscal year 2012 increased 2% when compared with fiscal year 2011.