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Nice Suit
Jos. A. Bank Clothiers Inc. is bringing back a “risk free” promotion piggybacking off the nation’s tough job market.
The Hampstead, Maryland-based men’s retailer said Monday it will refund a customer up to $199 for a suit purchased from March 8 to March 28 if he loses his job between April 5 and July 1. The customer would only need to provide proof of purchase and unemployment to keep the suit and the cash.
“We believe that our customers will appreciate another opportunity to look great at work and at the same time be assured that their purchase will be free if they lose their job,” said R. Neal Black, CEO of Jos. A. Bank, in a statement.
The promotion, now in its second year, comes as Maryland’s unemployment rate sits at 7.5 percent. The nation’s unemployment rate held steady at 9.7 percent in February.
Jos. A. Bank operates 473 stores in 42 states and Washington, D.C.
Ryan Sharrow is a staff writer for the Baltimore Business Journal.
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