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."
For comments and feedback: editorial@rttnews.com