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Jos. A. Bank Clothiers Inc.

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Top Jos. A. Bank Clothiers Inc. Articles

Displaying items 1-12
  • Men's Wearhouse closes deal to buy Jos. A. Bank

    Men's Wearhouse closes deal to buy Jos. A. Bank
    Men's Wearhouse closed its $1.8 billion deal to acquire Hampstead-based Jos. A. Bank Clothiers Inc., the company said Wednesday, putting an end to what had been a pitched takeover battle between the two former rivals. The Houston-based men's clothing...
  • Oracle to buy Columbia's Micros Systems in $5.3 billion deal

    Oracle to buy Columbia's Micros Systems in $5.3 billion deal
    Silicon Valley giant Oracle Corp. plans to acquire Columbia-based Micros Systems Inc. for $5.3 billion in a deal executives and industry observers said could generate local job growth instead of the typical corporate consolidation. In the deal...
  • Jos. A. Bank posts quarterly loss related to merger with Men's Wearhouse

    Jos. A. Bank posts quarterly loss related to merger with Men's Wearhouse
    Jos. A. Bank Clothiers Inc., likely a few weeks away from finalizing a $1.8 billion deal to be acquired by Men's Wearhouse, posted a $37.1 million first-quarter loss stemming from merger-related expenses. In what is probably its last earnings report as...
  • Women directors are increasing on Maryland corporate boards, study finds

    Women directors are increasing on Maryland corporate boards, study finds
    The number of women on corporate boards in Maryland increased last year, and for the first time, all businesses that joined the state's publicly traded companies had at least one woman board member, Network 2000 said in a report released Wednesday....
  • Jos A. Bank, Men's Wearhouse merger gets FTC approval

    Jos A. Bank, Men's Wearhouse merger gets FTC approval
    The Federal Trade Commission ruled Friday that the Men's Wearhouse takeover of fellow clothing retailer Jos. A. Bank Clothiers can move forward after the agency found that the combined company would not violate antitrust laws. "Despite limited...
  • Jos. A. Bank, Men's Wearhouse to exchange confidential information

    Jos. A. Bank, Men's Wearhouse to exchange confidential information
    Jos. A. Bank Clothiers moved a big step closer toward merging with rival Men's Wearhouse, with an announcement Monday that the two men's apparel chains agreed over the weekend to exchange confidential information and evaluate a potential business...
  • Jos. A. Bank takeover could mean job loss for Carroll County

    Jos. A. Bank takeover could mean job loss for Carroll County
    The purchase of Hampstead-based Jos. A. Bank Clothiers by Men's Wearhouse will likely mean fewer jobs in Carroll County, where the suit company is the fourth-largest employer. Local officials said Tuesday that it is too early to know how severe the...
  • Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion

    Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion
    Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday. The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...
  • Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse

    Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse
    The chairman of Jos. A. Bank Clothiers Inc. will receive a payout of up to $5.8 million as part of the chain's acquisition by Men's Wearhouse in a $1.8 billion deal. Bank Chairman Robert N. Wildrick will be paid $3.5 million under a two-year noncompete...
  • Jos. A. Bank and Men's Wearhouse to retain identities in business marriage

    Jos. A. Bank and Men's Wearhouse to retain identities in business marriage
    They both sell suits to the American middle class, but in consumers' minds, Jos. A. Bank Clothiers and the Men's Wearhouse occupy distinctive niches. Bank's image is classic, Men's Wearhouse is trendier. Though both are known for a promotional sales...
  • Harris Teeter will open April 8 in Shops at Canton Crossing

    Harris Teeter will open April 8 in Shops at Canton Crossing
    The long-awaited Harris Teeter supermarket anchoring the Shops at Canton Crossing will open April 8, the chain said Thursday. Furniture retailer Arhaus and menswear chain Jos. A. Bank Clothiers also announced one new area store each on Thursday....
  • Men's Wearhouse hires advisory firm to help merge Jos. A. Bank chain

    Men's Wearhouse hires advisory firm to help merge Jos. A. Bank chain
    The Men's Wearhouse Inc. hired a business advisory firm to help it merge with Hampstead-based Jos. A. Bank Clothiers Inc. once it acquires the rival retailer in a $1.8 billion deal announced earlier this month. The firm, AlixPartners, will help Men's...