Macy’s Signs License Agreement with Men’s Wearhouse for In-Store Tuxedo Rental Shops
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Macy's (M), Men's Wearhouse (MW) Announce Agreement on In-Store Tuxedo Rental Shops
June 10, 2015 5:31 PM EDTMacys, Inc. (NYSE: M) today announced that it has signed an agreement with Men's Wearhouse (NYSE: MW) to open licensed tuxedo rental shops within 300 Macys stores nationwide.
These Macys-branded shops will be operated by Mens Wearhouse and staffed by its trained formalwear professionals in dedicated space located in or near the mens department in Macys stores. They will be fully integrated in Macys storewide wedding experience, and support Millennial merchandising strategies related to... More
