Tailored Brands

Houston -- The Men's Wearhouse Inc. posted a larger-than-expected loss for its fiscal fourth quarter. The retailer also announced that it was exploring the possible sale of its weaker performing K&G unit.

The company lost $3.4 million for the quarter that ended Feb. 2, compared to a loss of $3.8 million in the year-ago period.

Revenue rose 8.2% to $608.4 million. Revenue from Men's Wearhouse stores, which made up 61% of the quarter’s sales, rose 9.1%.

Unable to recover from a slow start to the fourth quarter, Men’s Wearhouse reported a 1% same store sales increase and a worse than expected loss of 7 cents a share.

New York -- Supply chain solution-provider DeSL said Thursday that Men’s Warehouse is embarking on a phase 2 project that expands its PLM application usage to implement the DeSL full supply chain solution.

"Now that we have implemented DeSL's PLM solution we have full control of our product development, are sharing on-line tech packs with our vendors along with time and action calendars and collaborative costing, the natural extension was to go to full supply chain management,” said Will Silveria , executive EVP , Men's Wearhouse.

Fremont, Calif. -- Men’s Wearhouse announced today the launch of a free mobile app called Wedding Tuxedo Group Manager, which provides couples with information about the rental of their wedding party’s tuxedos, simplifying the wedding planning process and providing peace of mind.

New York  -- For the third consecutive year,  Subway came out on top on BrandIndex’s annual ranking of the most buzzed about U.S. brands. The BrandIndex Buzz Rankings compares “Buzz” scores for nearly 1,100 brands across 41 categories  to reveal the brands with the most positive Buzz in 2012.  

Subway had a Buzz score of 40.3. Online giant  Amazon came in at number two for the second year in a row, with a score of  36.8  Lowe’s was fifth, with a score of 32.7.

Wegman’s, Whole Foods, Nordstrom and Men’s Wearhouse were among the 14 retailers included on the 2013 edition of Fortune’s 100 Best Companies to Work for.

Tustin, Calif. -- Present Value Properties said it has negotiated a 10-year, 24,160-sq.-ft. lease for HomeGoods at the Sher Lane Shops, a 45,000-sq.-ft. community center in Huntington Beach, Calif.

TJX Cos.-owned HomeGoods, which joins Men’s Wearhouse, Stone Hedge Tiles and Vitamin Shoppe, is expected to open in spring 2013 in a former Office Depot space.

FREMONT, Calif. — Men's Wearhouse is partnering with The Knot Wedding Network, a popular wedding resource, to become the tuxedo provider of choice on TheKnot.com. 

Through the exclusive arrangement, brides-to-be will have the opportunity to view and interact with Men's Wearhouse brand-name tuxedo merchandise at an early stage of the wedding planning process.