Friday, July 16, 2010

Jos A. Banks opens in Riverhead

Men's clothing retailer Jos. A. Bank  Thursday announced the opening of its new store, at the Tanger Outlets, in Riverhead, New York.

Chief Executive Officer Neal Black said, "We believe this concept could represent a significant long-term opportunity for the Company and could result in an additional 50-75 factory stores in the U.S."

Hampstead, Maryland-based JoS. A. Bank said it has signed leases for two more factory stores, which it plans to open in July 2010. The planned stores are, Jersey Shore Premium Outlets, in Tinton Falls, New Jersey and Philadelphia Premium Outlets, in Limerick, Pennsylvania. Further, the company expects to open the remaining two stores in Texas and Maryland during 2010, completing its five planned stores.

In addition, the Company also announces that it has launched a new website,, dedicated to the products offered under this new factory store concept.

For related stories see:

Jos. A. Bank to open outlet stores

More details on the Jos A. Banks Outlet Plans 

SOURCE: Stock Market Review

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