Tailored Brands

Like most retailers, Tailored Brands and Lord & Taylor were significantly impacted by the lack of foot traffic due to the COVID-19 pandemic and related shelter-in-place orders.

The country’s oldest department store retailer has joined the growing list of companies undone by COVID-19.

Tailored Brands, whose store banners include Men’s Wearhouse and Jos.A. Bank, has filed for Chapter 11 bankruptcy protection. 

Tailored Brands Inc. could be the next big apparel retailer to file for bankruptcy.

Tailored Brands expects to close up to 500 stores “over time” and reduce its corporate workforce as a result of business disruptions from the COVID-19 pandemic.

Tailored Brands Inc. has been given some — but not much — breathing room as it struggles to manage its debt amid the COVID-19 pandemic.

Another national retailer has announced a phased reopening of its stores.

Chicos’s FAS Inc. is the second retailer in recent days to adopt a limited duration shareholders rights plan after disruptions due to COVID-19 pandemic.