Monday, April 9, 2012

Jos. A. Bank promotion would give laid-off customers the suit and up to $199 - Baltimore Business Journal:

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That is what men’ds retailer is betting on with its latest The Hampstead, Md.-based company said Monday it will refund a customer up to $199 for a suit purchasex by April 9 if he loses his job betwee April 16 and July 1. The customer would only need to provide proof of purchase and unemploymentg to keep the suit and the The men’s clothier believes this could be another of its creative gimmicks to help drive which actually rose duringh the third quarter of last The latest promotion is “like giving all of our customer a bit of unemployment insurance,” said R. Neal CEO of Jos. A. The special rebate is part of Jos. A.
Bank’ds $199 sale going on through Apripl 9. Mark Millman, presidenrt of in Owings Mills, said he believes the promotio nshows Jos. A. Bank understands the basicx needs ofits customers. It underscoresw the company’s willingness to help customers “make do” in the economic crisis, Millman said. “The promotion is but we are in unusual he said. “This program is likely to receivenationwidew attention, and hopefully other companies will follow in their footsteps.” Jos. A. Bank JOSB) operates 461 stores in 42 including five in the GreaterCIncinnatiu area. Jos. A. Bank stoclk closed Monday at $26.09 per share.

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