More details on the Jos A. Banks Outlet Plans

Jos. A. Bank is targeting outlet centers for its new locations. Black said of its seven (outlet) stores open now, just one — Leesburg (Va.) Corner Premium Outlets — is located in a “true” outlet center.

In July, Jos. A. Bank plans to open a store in the Pottstown (Pa.) Factory Outlets mall and another in the Tanger Outlets in Riverhead, N.Y. Three more outlets — in Maryland, New Jersey and Texas — are slated to open by the end of the year. Black declined to be specific about their locations. Jos. A. Bank plans to open 50 to 75 outlet stores nationwide.

SOURCE: mddailyrecord