Macy's Signs License Agreement With Men's Wearhouse For In-Store Tuxedo Rental Shops

Macy's, Inc. announced that it has signed an agreement with Men's Wearhouse to open licensed tuxedo rental shops within 300 Macy's stores nationwide. – – These Macy's-branded shops will be operated by Men's Wearhouse and staffed by its trained formalwear professionals in dedicated space located in or near the men's department in Macy's stores. They will be fully integrated in Macy's storewide wedding experience, and support Millennial merchandising strategies related to proms and other speci…

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Source: The Market