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. Additionally, most store employees, distribution network employees and corporate staff were furloughed or temporarily laid off. in February.
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