Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy
Retail TouchPoints
JUNE 12, 2020
The retailer also reported a same-store sales increase of 2.4%. However, the pandemic forced Tailored Brands to close all its shops and e-Commerce fulfillment centers in the U.S. The retailer also has sold one distribution center and one owned store for total net proceeds of $13.4 The retailer posted a sales drop of 60.4%
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