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J.Jill launching new store design
Quincy, Mass. -- J.Jill is debuting a new store prototype in four locations across the country: Short Hills, N.J.; Huntington Station, N.Y.; King of Prussia, Pa.; and San Diego, Calif.
“The new approach to store design is based on our understanding of what is important to our customers,” said Paula Bennett, CEO and president, J.Jill. “We want to delight her with our beautiful, versatile collections and inspire her confidence with our guiding service. The new stores offer her a very warm welcome."
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Jos. A. Bank open to upping bid for Men’s Wearhouse
Hampstead, Md. -- Jos. A. Bank Clothiers said that it will consider increasing its $2.3 billion buyout offer for Men's Wearhouse. The retailer also said that it would drop its proposal in two week if Men's Wearhouse did not enter into discussions.
In a letter sent to Men's Wearhouse CEO Douglas Ewert, Jos. A. Bank chairman Robert Wildrick said that if the talks are not held by that date it will pull its offer so that it can consider other strategic options that it has been investigating.