Tailored Brands furloughs all US store employees

Tailored Brands, Inc. has decided to extend the temporary closure of its retail stores until at least May 4, 2020. In conjunction with the decision to extend the store closure window, Tailored Brands announced it would implement additional cost reductions, including furloughing all U.S. store employees as well as a significant portion of employees in its distribution network and offices. Commenting on the measures taken by the company, Tailored Brands President and CEO Dinesh Lathi said in
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