JoS. A. Bank expands tux rentals to 300 stores
Hampstead, Md. JoS. A. Bank Clothiers said Monday it has expanded its tuxedo rental business to over 300 stores, and plans to add it to the rest of its stores no later than the end of the third quarter of this year.
In January, the retailer launched the initiative on a pilot basis in 32 of its stores.
“We are pleased with our progress and results since we launched the tuxedo rental business on a pilot basis in 32 stores in the southeast United States in mid-January,” said R. Neal Black, president and CEO of JoS. A. Bank.
To extend the pilot program, the retailer developed an internal system to manage the rental business on a large-scale national basis, providing the ability for store-level viewing of any customer’s order, for customers to place orders in one store and to pick-up or drop-off the tuxedos in a different store, and for extensive staff training.