• March 16, 2009

JoS. A. Bank Clothiers, Inc. is launching what it calls a first-ever type of promotion: The men's clothing chain will refund the price of a suit if the purchaser loses his job, and also allow him to keep the suit.

"At JoS. A. Bank, we understand the uncertainty everyone is facing," the company says in its release. "We want to help the customer look good at work, and if he loses his job, to be dressed appropriately as he meets with his next employer. It's like giving all of our customers a bit of unemployment insurance."

The deal applies to any suit purchased in the $199 sale through April 16.--Sarah Mahoney