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Men’s Wearhouse completes acquisition of Jos. A. Banks
Fremont, Calif. -- The Men's Wearhouse has completed its acquisition of one-time-rival Jos. A. Bank Clothiers. The combined company has more than 1,700 stores, approximately 26,000 employees and sales of $3.5 billion on a pro forma basis.
The final price tag to combine the two retailers was $1.8 billion, or $65 per share.
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Retail Construction Evolved
By Jason Christoff, PE, LEED AP BD+C
The way business is executed within the retail construction industry may never be the same. The Great Recession is finally behind us, but it has changed how retailers deliver stores, as well as how architecture and engineering professionals design them. The A/E delivery model is constantly being reimagined to meet the needs of the changing market, but typically not as quickly or drastically as within the last five years.