April 23, 2017 10:42 PM ET

Specialty Retail

Company Overview of Moores Retail Group Inc.

Company Overview

Moores Retail Group Inc. sells menswear through retail stores in Canada. It was formerly known as Zorro Holding Corp and changed its name to Moores Retail Group Inc. in September 1997. The company was founded in 1961 and is based in Montreal, Canada. As of February 10, 1999, Moores Retail Group Inc. operates as a subsidiary of Tailored Brands, Inc.

5800 Rue Street Denis

Suite 900

Montreal, QC H2S 3L5


Founded in 1961





Key Executives for Moores Retail Group Inc.

Moores Retail Group Inc. does not have any Key Executives recorded.

Moores Retail Group Inc. Key Developments

Moores Announces Unaudited Sales Results for the Third Quarter and Nine Months Ended September 30, 2015

Moores announced unaudited sales results for the third quarter and nine months ended September 30, 2015. Comparable sales for the third quarter decreased 18.7% to $55.9 million. Net sales decreased due to unfavorable currency fluctuations. Moores had a comparable sales decrease of 5.4% due to decreases in both average transactions per store and units sold per transaction driven by weakening macro-economic conditions in Canada.  For the nine months, comparable sales decreased 13.1% to $173.3 million.

Moores Announces Preliminary Comparable Sales Results for the Third Quarter and Year to Date of 2015

Moores announced preliminary comparable sales results for the third quarter and year to date of 2015. The company's comparable sales decreased 5.4% primarily driven by weakening macro-economic conditions in Canada. This compares 8.8% a year ago. For the year to date, the company reported negative comparable sales of 1.4% compared to comparable sales of 8.6% a year ago.

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Recent Private Companies Transactions

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