Tailored Brands, Inc. (TLRD) News
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Latest TLRD News From Around the Web
Below are the latest news stories about Tailored Brands Inc that investors may wish to consider to help them evaluate TLRD as an investment opportunity.
Tailored Brand receives NYSE notice for listing standardsTailored Brands (TLRD) announces that it received NYSE notification on July 22 that the company is no longer in compliance with the continued listing criteria.The listing criteria requires companies to maintain a 30-trading day average market capitalization of $50M coupled with stockholders’ equity of at least $50M and an average closing... |
Men's Wearhouse's Tailored Brands gets NYSE delisting noticeTailored Brands, Inc. said late Friday it has received a notice of noncompliance from the New York Stock Exchange earlier this week. The retailer behind Men's Wearhouse, Jos. A. Bank and other brands selling suits and other apparel said it is out of compliance with the NYSE's continued listing criteria, which requires listed companies to maintain a 30-trading day average market capitalization of at least $50 million plus an average closing share price of at least $1 over a consecutive 30 trading-day period, among other benchmarks. The company has 18 months to regain compliance, and the notice does not affect its business operations, reporting requirements, and debt obligations, it said. Shares continue to be listed and traded. Tailored Brands stock fell more than 3% in the exte... |
Tailored Brands Addresses NYSE Listing StandardsTailored 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-trading day average market capitalization of $50 million coupled with stockholders’ equity of at least $50 million and an average closing share price of at least $1.00 over a consecutive 30 trading-day period. |
Tailored Brands to slash jobs, close stores in turnaround bidTailored Brands (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/ The company plans to realign its store organization and supply chain infrastructure and organization to best serve its... |
Men's Wearhouse and Jos. A. Bank are closing hundreds of storesTailored Brands, which owns suit sellers Men's Wearhouse and Jos. A. Bank, is shuttering hundreds of stores and drastically reducing its corporate workforce as the coronavirus pandemic continues to decimate the retail industry. |
Men’s apparel chains to shutter up to 500 stores nationwideTailored Brands runs Men's Wearhouse and Jos. A. Bank, with the two retailers having 20 stores in Connecticut including in Danbury, Greenwich, Stamford and Milford. |
Men's Warehouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforceTailored Brands announced a round of layoffs and hundreds of looming store closures Tuesday, as its business suffers a blow from the coronavirus pandemic. |
Up to 500 store closings planned by Men's Wearhouse, Jos. A. Bank owner Tailored BrandsTailored Brands, owner of Men's Wearhouse and Jos. A. Bank, plans to close up to 500 stores due to the COVID-19 pandemic. Will your location shutter? |
Tailored Brands Closing Up to One-Third of Its Stores, Layoffs AnnouncedTailored Brands said the aim is to "reduce and realign its store organization and supply chain infrastructure and organization to best serve its go-forward store footprint and e-commerce business." The company did not delve into details about which of its store brands would be closed, nor did it provide any locations. Investors seem to feel this is the right strategy for Tailored Brands now. |
Men's Wearhouse to Cut 20% of Corporate WorkforceTailored Brands, the parent of Men's Wearhouse and Jos. A. Bank, has identified as many as 500 stores to be closed over time. |