S&K Menswear Closing All 105 Stores
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Going-Out-of-Business Sale Underway. Savings up to 50% off. RICHMOND, Va., May 21 /PRNewswire/ -- S&K Menswear, the premier menswear retailer with 105 stores across 26 states is closing its doors. A huge, storewide Going-Out-of-Business sale kicked off Thursday, May 21st and will last until all merchandise is sold. Savings up to 50% off regular prices. Existing S&K gift cards will be honored throughout the Going-Out-of-Business sale. "In spite of our best efforts, the current economic climate left us with no choice but to close down the business. We'd like to thank all of our employees for their hard work and all of our loyal customers for their years of patronage," said Jonathan Tibus, Chief Restructuring Officer at S&K Menswear. Tibus encouraged everyone to visit their nearest store location now to find great values on all merchandise. "This is a one-time, historic event," he added. "With Memorial Day weekend upon us, consumers will find tremendous values on all merchandise in every store." S&K Menswear has lowered prices on its entire inventory, with savings up to 50% off regular prices, which includes suits, dress shirts, suit separates, shoes, ties, sportswear, outerwear and accessories. Consumers can find incredible values on top brands such as Dockers, Oscar de la Renta, Sean Jean, Michael Kors, Kenneth Cole Reaction, Lauren by Ralph Lauren and more. Founded over 40 years ago by a retired grocer, S&K Menswear grew to become the premier menswear retailer throughout the eastern United States. The company is known for offering a quality product with excellent service at affordable prices. The S&K Menswear Going-Out-of-Business sale started storewide Thursday, May 21st and will continue until all merchandise is sold. To find the S&K Menswear store nearest you, visit: www.skmenswear.com. Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, real estate and industrial sectors, is running the Going-Out-of-Business sale on S&K Menswear's behalf. About S&K Menswear Founded in 1967, S&K Menswear is one of the leading menswear retailers with 105 stores throughout the eastern United States. From its modest beginnings in Richmond, Virginia with one location, the company has thrived for over four decades selling top brand suits and accessories at affordable prices. About Gordon Brothers Group Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion in transactions and appraisals annually. SOURCE S&K Menswear Craig Venezia of Gordon Brothers Group, +1-617-422-7842, firstname.lastname@example.org, for S&K Menswear
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