Most people might think that JoS. A. Bank Clothiers Inc. is big enough already with over 600 stores. The people behind the chain believe otherwise. They just announced that they are seeking new acquisitions to further their expansion. Financo LLC, which is an investment banking firm, is helping out in checking out targets for the company's expansion.
The current management team of the store chain has added over 500 stores to its line since it took over back in 1999. They're not going to stop at that. In addition to its effort to add more to its line of stores, it is also seeking to improve its marketing through its Web presence. The company is also working on improving its own website which would place it in contact with a large potential market.
Shares of JoS. A. Bank Clothiers Inc. has gone down for the year but this has not prevented the management team from pursuing their plans for expansion.
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