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JoS. A. Bank Clothiers Announces the Opening of their New Store in Gig Harbor

HAMPSTEAD, Md., April 25, 2014 --JoS. A. Bank Clothiers, Inc. (Nasdaq Global

Select Market: "JOSB") announces the grand opening of their new location in Gig Harbor.  The new store is located at Uptown Gig Harbor, 4635 Point Fosdick Dr. NW, Suite 100, Gig Harbor, WA 98335.

 

Overseeing store sales and operations at the new store will be Michael Fotoohi. “Michael brings a wealth of experience and will be a great addition to the new location,” said Gary Merry, Executive Vice President of Stores.  Joining Mr. Fotoohi will be a staff of friendly and knowledgeable sales associates ready to assist you with all your clothing needs.

 

JoS. A. Bank Clothiers, Inc., established in 1905, is one of the nation's leading retailers of men's classically-styled tailored and casual clothing, sportswear, footwear and accessories. The Company sells its full product line in over 600 stores in 44 states and the District of Columbia, a nationwide catalog and an e-commerce website that can be accessed at www.josbank.com. The Company is headquartered in Hampstead, Md., and its common stock is listed on the Nasdaq Global Select Market under the symbol "JOSB.”

 

The company offers a free Corporate Discount Program for local and national companies.  “The Jos. A. Bank Corporate Card Program is a value added benefit that companies can offer to their employees at no cost to the company or the employee,” explains Jerry DeBoer, Senior VP of Marketing at Jos. A. Bank Clothiers, Inc.  “The program offers a lifetime discount of 20% off regularly priced merchandise at any of our Jos. A. Bank stores nationwide and through our catalog and Internet Ordering.  Members also benefit from advanced notice of private sales, as well as exclusive invitations to in-store events.”

 

Jos. A. Bank Clothiers continued success is a statement of the company’s character and enduring philosophy of quality, service and exceptional values.  Jos. A. Bank is indeed the expert in men’s apparel and is positioned to be a continued driving force in men’s fashion.

 

The Company's statements concerning future operations contained herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those forecast due to a variety of factors outside of the Company's control that can affect the Company's operating results, liquidity and financial condition. Such factors include risks associated with economic, weather, public health and other factors affecting consumer spending, including negative changes to consumer confidence and other recessionary pressures, higher energy and security costs, the successful implementation of the Company's growth strategy, including the ability of the Company to finance its expansion plans, the mix and pricing of goods sold, the effectiveness and profitability of new concepts, the market price of key raw materials such as wool and cotton, seasonality, merchandise trends and changing consumer preferences, the effectiveness of the Company's marketing programs, the availability of suitable lease sites for new stores, doing business on an international basis, the ability to source product from its global supplier base, legal matters and other competitive factors. The identified risk factors and other factors and risks that may affect the Company's business or future financial results are detailed in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended January 31, 2014 and the Company's subsequent Quarterly Reports on Form 10-Q filed through the date hereof. These cautionary statements qualify all of the forward-looking statements the Company makes herein. The Company cannot assure you that the results or developments anticipated by the Company will be realized or, even if substantially realized, that those results or developments will result in the expected consequences for the Company or affect the Company, its business or its operations in the way the Company expects. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates. The Company does not undertake an obligation to update or revise any forward-looking statements to reflect actual results or changes in the Company's assumptions, estimates or projections. These risks should be carefully reviewed before making any investment decision.

 

CONTACT: JoS. A. Bank Clothiers, Inc., Hampstead, Md.

Anthony Frasca

Marketing Coordinator

410-239-5908

or

Jerry DeBoer
SVP - Marketing
410-239-5907

or

Investor Relations Information Request Website (http://phx.corporate-ir.net/phoenix.zhtml?c=113815&p=irol-inforeq),

 

or Voicemail, 410-239-5900

E-commerce Address for JoS. A. Bank Clothiers, Inc.:
www.josbank.com