Casual Male Retail Group, Inc. Announces Sale of Equity Securities

CANTON, Mass., Sept. 2 /PRNewswire-FirstCall/ -- Casual Male Retail Group,
Inc. (Nasdaq: CMRG) ("Casual Male" or the "Company") announced today that it
has agreed to sell 4,950,000 shares of common stock to certain institutional
investors.

Casual Male has entered into definitive agreements to sell the shares of its
common stock through a registered direct offering at a price of $2.75 per
share for gross proceeds of approximately $13.6 million. The Company intends
to use the net proceeds of approximately $12.6 million from this offering for
general corporate purposes, including the repayment of indebtedness.

The shares are being offered pursuant to the Company's effective shelf
registration statement on Form S-3 as filed with the Securities and Exchange
Commission. The closing of the offering is expected to take place on or about
September 3, 2009, subject to satisfaction of customary closing conditions.

David Levin, the Company's President and Chief Executive Officer said, "We are
very pleased with the results of this offering which will enable us to reduce
debt, enhance liquidity, and create a more flexible balance sheet and capital
structure for the Company during a very difficult and uncertain economic
climate. We have no current intention or need to sell additional shares of
our common stock."

This press release does not constitute an offer to sell or a solicitation of
an offer to buy, nor shall there be any sale of, these securities in any state
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state. The
shares may be offered only by means of a prospectus. Copies of the final
prospectus supplement and accompanying prospectus relating to this offering
may be obtained from the Corporate Secretary, Casual Male Retail Group, Inc.,
555 Turnpike Street, Canton, Massachusetts 02021.

About Casual Male Retail Group, Inc.
Casual Male Retail Group, Inc., the largest retailer of big and tall men's
apparel with operations throughout the United States, Canada and Europe,
operates 467 Casual Male XL retail and outlet stores, 20 Rochester Clothing
stores, and direct to consumer businesses which include several catalogs and
e-commerce sites. The Company is headquartered in Canton, Massachusetts, and
its common stock is listed on the NASDAQ Global Market under the symbol
"CMRG."

Certain information contained in this press release constitutes
forward-looking statements under the federal securities laws. The discussion
of forward-looking information requires management of the Company to make
certain estimates and assumptions regarding the Company's strategic direction
and the effect of such plans on the Company's financial results. The Company's
actual results and the implementation of its plans and operations may differ
materially from forward-looking statements made by the Company. The Company
encourages readers of forward-looking information concerning the Company to
refer to its prior filings with the Securities and Exchange Commission,
including without limitation, its Annual Report on Form 10-K filed on March
23, 2009, that set forth certain risks and uncertainties that may have an
impact on future results and direction of the Company.

Forward-looking statements contained in this press release speak only as of
the date of this release. Subsequent events or circumstances occurring after
such date may render these statements incomplete or out of date. The Company
undertakes no obligation and expressly disclaims any duty to update such
statements.

SOURCE Casual Male Retail Group, Inc.

Jeff Unger, Vice President of Investor Relations of Casual Male Retail Group,
Inc., +1-561-482-9715