Men's Wearhouse
7874 Mineral Point Road, Madison
clothing store
Ownership
Men's Wearhouse emerged from Chapter 11 bankruptcy in December 2020 as a privately held company controlled by lenders and creditors. It is a wholly-owned subsidiary of Tailored Brands, Inc., a major corporate retailer.
Local Sourcing
The company oversees a global supply chain with over 480 global origin/destination combinations, though Tailored Brands has been using "a little bit more nearshoring" to source products in recent years and maintains a New Bedford, Massachusetts tailored clothing factory. Most sourcing remains nationally/globally distributed.
Community Involvement
Men's Wearhouse stores work closely with organizations in their communities to support their fundraising efforts through gift card donations, and the company has donated more than $16,000,000 through various campaigns. However, these are primarily national-level initiatives rather than deep Madison-specific roots.
Local Workforce
Men's Wearhouse employees rate their compensation and benefits as 2.9 out of 5 and 68 employees scored wages and compensation a D- on average, with only 31% saying they believe they're paid fairly. Though the company has good employee retention with staff staying an average of 4.4 years, wage dissatisfaction is consistently reported.
Revenue Retention
As a corporate chain owned by Tailored Brands with centralized operations in Houston and national/global supply chains, virtually all revenue flows out of the Madison community to corporate headquarters and national operations rather than staying local.
Local Presence
No website available to analyze.