Jos. A Bank Clothiers Inc. (JOSB) Thursday said, by Father's Day ie, June 20, 2010, it will have opened 12 new stores to date in fiscal year 2010. The 12 new stores includes 11 Full-line and one Franchise, the company added.
The company noted that it is on track to open a total of 30 to 40 new stores in fiscal year 2010.
Neal Black, President and Chief Executive said, "The opening of 12 new stores prior to Father's Day, one of our most important selling times of the year, marks a significant milestone towards our full year goal. Furthermore, after the slow-down in new store openings in fiscal year 2009, we are very pleased to return to our more accelerated store opening pace in fiscal year 2010."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.