Desperate Times Require Desperate Measures for Jos. A. Bank
Jos. A. Bank’s agreement to buy specialty retailer Eddie Bauer gives the men’s retailer a fighting chance at survival.
Vitaliy Katsenelson
February 14, 2014
A pedestrian carrying an umbrella walks past a Jos. A. Bank Clothiers Inc. store in Washington, D.C., U.S., on Tuesday, Nov. 26, 2013. Men's Wearhouse Inc., which less than two weeks ago let a takeover bid from Jos. A. Bank Clothiers expire without entering discussions, today offered to buy its smaller rival for about $1.54 billion. Photographer: Andrew Harrer/Bloomberg
Andrew Harrer/Bloomberg
