Friday, March 11, 2016

A timeline of when Jos. A. Bank, Men's Wearhouse store closures will take place

Hundreds of Jos. A. Bank and Men's Wearhouse store closures will stretch into early 2017, with shutdowns set to peak this summer and toward the end of this year.

Tailored Brands Inc. (NYSE: TLRD) shared its timeline for closing stores Thursday morning, the day after announcing that it plans to shutter about 250 locations as Jos. A. Bank sales crumble. As many as 139 Jos. A. Bank stores are slated to shut down, with the remaining closures scheduled for Men's Wearhouse brands.

The 139 Jos. A. Bank…


Monday, March 7, 2016

Renovations at Miami Beach hotel to displace 119 workers

North Carolina-based Boykin Management Company, which currently manages The Alexander All Suite Oceanfront Resort in Miami Beach, will lay off 119 people at the hotel as it undergoes changes.

The employees will be permanently laid off May 4 as the property undergoes a major ongoing renovation and construction project, according to a Worker Adjustment and Retraining Notification (WARN) notice filed Monday.

Boykin Management Company will no longer manage the property once it reopens, said Brandy…