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Tailored Brands, Inc. (NYSE: TLRD) today announced that it received notification from the New York Stock Exchange (“NYSE”) on July 22, 2020 that the Company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain a 30-tradin...
We'll be seeing fewer Tailored Brands (NYSE: TLRD) stores in the future. The operator of retailers Men's Wearhouse and Jos. A. Bank, among others, revealed on Tuesday in a press release that it has tagged up to 500 of its retail outlets for closure and will conduct a round of job cuts. The l...
Tailored Brands (NYSE: TLRD ) expects to close up to 500 stores and reduce its corporate workforce by ~20% by the end of FQ2 as a result of the industry-wide business disruptions resulting pandemic/ More news on: Tailored Brands, Inc., Consumer stocks news, Read more ...
Expects corporate workforce reduction of approximately 20% of its corporate positions by the end of the fiscal second quarter Up to 500 stores identified for potential closure over time CFO Jack Calandra to depart Tailored Brands and Holly Etlin appointed as Chief ...
In early April 2020, I returned from a fourteen-month writing sabbatical. As I had intentions of relaunching on Marketplace, which I did on May 12, 2020 , I had my nose to the grindstone and was burning up my keyboard sharing my best ideas with Seeking Alpha free site readers in anticipation ...
Tailored Brands (NYSE: TLRD ) is on watch after disclosing in a SEC filing that it won't be making interest payments of approximately $6.1M due today for its Men's Wearhouse subsidiary on 7.00% Senior Notes due in 2022 More news on: Tailored Brands, Inc., Consumer stocks news, News on the ...
The fragile apparel and restaurant sectors are facing another negative few weeks of COVID-19 developments as cases soar. A record level of hospitalizations in Texas tied to the virus has already prompted Governor Greg Abbott to limit capacity at restaurants and close bars, while shopping cen...
Boot Barn ( BOOT -9.9% ) is one of the largest decliners in the apparel retail sector as COVID-19 developments sours investor sentiment for a quick recovery. More news on: Designer Brands Inc., The Gap, Inc., Ascena Retail Group, Inc., Consumer stocks news, Stocks on the move, Read m...
(Credit: businessfirstfamily.com ) In previous installments, we looked at a unique stock investing strategy designed specifically for crises. The strategy was developed based on the previous 8 crises in the US since 1974, as outlined in Verdad Capital's paper entitled "Crisis Investing: ...
Gainers: Urban One (NASDAQ: UONE ) +167% . More news on: Urban One, Inc., Edesa Biotech, Inc., Net Element, Inc., Stocks on the move, , Read more ...
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Restructuring Support Agreement Supported by More Than 75% of Senior Lenders; Files Voluntary Chapter 11 Petitions to Implement Financial Restructuring Plan Men’s Wearhouse, Jos. A. Bank, Moores Clothing for Men and K&G Fashion Superstore Continuing to Serve Customers; ...
In this episode of Industry Focus: Consumer Goods , Emily Flippen and Motley Fool contributor Dan Kline discuss the third round of retail bankruptcies amid the ongoing pandemic. Some of these retailers were already on the "to watch" list for businesses likely to declare Chapter 11. They also ...
Tailored Brands (NYSE: TLRD) shares were down by about 31% as of 11:53 a.m. EDT Tuesday after the company noted in an SEC filing that "it is likely that we will pursue a reorganization under applicable bankruptcy laws, possibly as soon as during the third quarter of fiscal 2020." The owner...