Recent research carried out by Jos A Bank Clothiers Inc indicates that it can operate up to 500 stores across the country in its current format the company said Thursday.

The Company has already opened 13 new stores in 2002 and will open 12 more stores in the next 60 days. It is planning at least 30 new stores in 2003, and says if positive trends continue it will step up new store openings for next year and beyond.