Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy
Retail TouchPoints
JUNE 12, 2020
However, the pandemic forced Tailored Brands to close all its shops and e-Commerce fulfillment centers in the U.S. operational as of June 5. million , and will make further efforts to manage its liquidity as stores reopen. The retailer posted a sales drop of 60.4% The retailer also reported a same-store sales increase of 2.4%.
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