Jos A Bank says scouting for acquisitions

Men's apparel and accessories retailer Jos A Bank Clothiers Inc said on Friday it was considering strategic options, including acquisitions, to fuel growth.

The company, established in 1905, said no timetable has been set for any acquisition. Jos A Bank said it was being assisted by investment banking firm Financo LLC.

Rival Men's Wearhouse Inc on Wednesday ousted its Executive Chairman and founder George Zimmer and postponed its annual shareholder meeting in order to renominate existing directors without Zimmer.