INSIDER
This could be the next major retailer facing bankruptcy
Read full article: This could be the next major retailer facing bankruptcyThat's why Tailored Brands, which owns the Men's Wearhouse, Jos. Bank and K&G brands, could be the next major American retailer to file for bankruptcy. Tailored Brands disclosed it is at risk of bankruptcy or even shutting down operations because of the Covid-19 crisis in a filing Wednesday evening. But things have not gone well at the 44% of Tailored Brands stores that reopened in early May. But Tailored Brands has delayed reporting its complete results -- the Securities and Exchange Commission allows companies to postpone reporting during the pandemic.