: The company ended the "buy 1, get 3" and "buy 1, get 2" deals after being acquired by Tailored Brands (parent company of Men's Wearhouse).
The strategy worked by setting high initial "list prices" (e.g., $1,000 for a suit) and then offering extreme discounts, effectively selling the items at their actual market value (e.g., $250 each) while creating a perception of massive savings. Key Details About the Promotion
: The deal became so ubiquitous that it was famously parodied on Saturday Night Live , where the suits were used as disposable "paper towels" because they were so cheap under the promotion.