|Jos. A. Bank Clothiers Wins Award; Top 25 Retail Web Site|
|HAMPSTEAD, Md., Jan 7, 2002 (BUSINESS WIRE) -- Jos. A. Bank Clothiers, Inc.
(NASDAQ:JOSB), announced today that it has been selected as one of Internet
Retailer Magazine's Top 25 Retail Web Sites for 2002. The award recognizes
retailers who use the web successfully to "achieve a strategic goal" and that
represent "best practices" on the web.
Robert N. Wildrick, CEO, stated: "Our web site is a key part of our strategy to grow our Company into the premiere menswear retailer in the country. Being identified as having one of the top 25 web sites recognizes the excellent execution of our internet team and our commitment to quality in every facet of our business. Our internet sales have nearly doubled this year. It is a very profitable business for us and we expect internet sales and profits to continue to grow next year."
To access the Jos. A. Bank web site, go to www.josbank.com.
Jos. A. Bank Clothiers, Inc., established in 1905, is a multi-channel retailer of men's classically-styled tailored and casual clothing, footwear and accessories. The Company sells its full product line through 135 stores nationwide, a nationwide catalog and an e-commerce website at www.josbank.com. The Company is headquartered in Hampstead, Maryland.
The Company's statements concerning future operations contained in this press release 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 that can adversely affect the Company's operating results, liquidity and financial condition such as risks associated with economic, weather and other factors affecting consumer spending, the ability of the Company to finance its expansion plans, the mix of goods sold, pricing, availability of lease sites for new stores and other competitive factors. Many of the risks are described in the Company's reports filed with the Securities and Exchange Commission, which should be carefully reviewed before making any investment decision.
E-commerce Address: www.josbank.com
CONTACT: Jos. A. Bank Clothiers, Inc., Hampstead Robert N. Wildrick, CEO, 410/239-5711 or David E. Ullman, EVP/CFO, 410/239-5715 URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.
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