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Joseph a bank

Joseph a bank

Joseph a bank

A recent graduate, he got his first job in finance to pay off his loans.By 1981, Jos. A. Bank had eleven retail stores and a growing catalog business. CEO Leonard Ginsberg (married to Mitzi, the daughter of Joseph and Anna) decided to sell the company. Leonard was the last family member tied to the original Jos. A. Bank family business. That year, the company was purchased by the Quaker Oats Company and became part of their Specialty Retailing group along with Eyelab and Brookstone. That relationship proved mutually beneficial, and by 1985, there were 25 stores. In 1986, Quaker decided to concentrate its efforts on its core businesses and Jos. A. Bank once again became a privately owned corporation. In 1992, their expansion included a franchise concept. Jos. A. Bank Clothiers became a publicly owned company in the Spring of 1994, trading its stock through the NASDAQ stock exchange (JOSB).

BANK

By 1981, Jos. A. Bank had eleven retail stores and a growing catalog business. CEO Leonard Ginsberg (married to Mitzi, the daughter of Joseph and Anna) decided to sell the company. Leonard was the last family member tied to the original Jos. A. Bank family business. That year, the company was purchased by the Quaker Oats Company and became part of their Specialty Retailing group along with Eyelab and Brookstone. That relationship proved mutually beneficial, and by 1985, there were 25 stores. In 1986, Quaker decided to concentrate its efforts on its core businesses and Jos. A. Bank once again became a privately owned corporation. In 1992, their expansion included a franchise concept. Jos. A. Bank Clothiers became a publicly owned company in the Spring of 1994, trading its stock through the NASDAQ stock exchange (JOSB).

Over the years, we’ve found success comes down to three things: products, people and performance. For over 100 years we have evolved to meet the needs of savvy businessmen. Our classically-styled, tailored and casual clothing make you look and feel good. While our business is built around our loyal customers, it’s our knowledgeable team that keeps us at the forefront. From discerning buyers and impeccable tailors, to our highly driven sales force, people are at the core of our success. Now with over 600 stores nationwide and over 110 years of exceptional value, at Jos. A. Bank, performance is about confidence – for employees and for our customers. (Source: tailoredbrands.referrals.selectminds.com)

 

 

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