Around Alaska

Brooks Brothers filed for Chapter 11 Bankruptcy last week. Not surprising with the condition the US economy is in. It's part Covid-19 caused and part Brooks Brother caused. Covid-19 caused almost all retail stores to close which is not good for business. It also caused people to change their shopping habits. Online shopping exploded. But only 20% of Brooks Brothers business was done online.  They also were very slow to adapt their business strategy to the changing men's attire from  business and formal to casual. Many people started working from home and didn't bother to dress unless they were video conferencing. Even before Covid-19, businesses were relaxing their dress code. I worked at Men's Wearhouse for a couple years. Very nice place to work, good employee's and awesome customers. Their parent company, Tailored Brands, also owns Jos. A Banks and Moore's in Canada.  They also are contemplating bankruptcy for basically the same reasons as Brooks Brothers. T…