Men’s Wearhouse & Jos A Banks Closing 500 Stores

Hey fellas, quick show of hands, how many of you have bought at least one suit or special occasion outfit on Miller Road at Men's Wearhouse?

From business attire, homecomings, and weddings, the Men's Wearhouse location on Miller Road in Flint has been the "go to" for guys looking for something beside those jeans and t-shirts. Now parent company Tailored Brands has announced  that it would closing up to 500 locations of the guy centered retailers "over time" They will also cut about 20% of its corporate jobs by the end of its fiscal second quarter.

The reason, reports say, is falling on the impact of the ongoing conronavirus pandemic. More and more people are working from home and long gone are the days of working 9-5pm in a business suit. Most have been doing their day to day job in more comfortable attire. "Unfortunately, due to the Covid-19 pandemic and its significant impact on our business, further actions are needed to help us strengthen our financial position so we can navigate our current realities," said Tailored Brands CEO Dinesh Lathi.

Currently the company has around 1,500 stores in the United States, with about half operating under the Men's Wearhouse name including the local Miller Road location & Baldwin Road location near Great Lakes Crossing.

Tailored Brands isn't the first male focused fashion retailer to feel the hit from the current change in how the world does business. Brooks Brothers, the 200-year-old menswear retailer, also suffered a major decline in sales in the past few years and more since the COVID-19 outbreak. They filed for bankruptcy the beginning of July.

Men's Wearhouse was founded by George Zimmer in 1973. After Zimmer left his executive position with the company, he continued as the company's spokesperson, until he was fired in June 2013.

No word on which stores will close and when as of yet.