Al's Heads West
Al's Formal Wear is pleased to announce they are heading west to the Centennial State. As of today, Monday, December 3rd, 2007, Al's has acquired all of the assets of Mister Neat's Formalwear, the largest formal wear company in the State of Colorado. Founded in 1972, Mister Neat's Formalwear is family-owned with 17 retail stores throughout the state and a distribution center in Loveland, Colorado.
"The acquisition of Mister Neat's helps us to continue our growth in formal wear and allows us to leverage the strong foundation we have already built under the Al's Formal Wear brand," explained Stuart Gaylor, President of Al's Formal Wear.
Gaylor added, "Al's Formal Wear's mission has always been to meet and exceed our customers' expectations by providing superior service and exceptional value. This standard is the force that pushes Al's to be the leader in the formal wear industry. Similar to Al's Formal Wear, Mister Neat's offers its customers high quality merchandise and great customer service. Mister Neat's corporate culture fits well with ours because as the formal wear leader in Colorado, their employees have a strong work ethic and are very dedicated to being the best in the tuxedo industry – the same as Al's employees. We feel this is a perfect fit!"
"Our customers will be well served by Al's Formal Wear and their commitment to quality merchandise and excellent customer service," said Mark Burke, Founder and CEO of Mister Neat's Formalwear.
"I am also pleased with the excellent growth opportunities that Al's Formal Wear is extending to the Mister Neat's employees," commented Burke.
Al's Formal Wear has been serving customers for over 55 years and is one of the largest family-owned and operated businesses in the United States. They currently have over 95 stores in Texas, Oklahoma, Louisiana and Arkansas and employ over 450 people. In addition to Al's Formal Wear retail stores, Al's also operates Ascot Formal Wear, a wholesale division that supplies tuxedos and accessories to other privately held formal wear businesses across the United States, including Alaska and Hawaii.
At the beginning of 2007, Al's also purchased Anderson's Formal Wear based out of Plano, Texas. This added stores in Midland, Odessa and San Angelo, Texas to Al's retail division. Al's wholesale division, Ascot Formal Wear, also gained many accounts due to this purchase.