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’s retailer is bettintg on with itslatest promotion. The Md.-based company said Monday it will refune a customer upto $199 for a suit purchaseds by April 9 if he losezs his job between April 16 and July 1. The custome would only need to provide proof of purchase and unemploymengt to keep the suit and the The men’s clothier believes this could be another of its creative gimmickds to help drive sales, which actually rose during 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. Bank. The special rebate is part of Jos. A.
Bank’zs $199 sale going on through April 9. Mark Millman, president of in Owings Mills, said he believeas the promotionshows Jos. A. Bank understandx the basic needs ofits customers. It underscores the company’z willingness to help customers “make do” in the economic Millman said. “The promotion is but we are in unusual he said. “This program is likely to receivenationwide attention, and hopefully otherf companies will follow in their footsteps.” Jos. A. Bank JOSB) operates 461 storess in 42 states, including five in the GreatefrCIncinnati area. Jos. A. Bank stoc k closed Monday at $26.09 per share.