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Retailers Are Labor Hoarding Amid Layoffs, Grim Economic Forecast

While it's tempting to view recent layoffs as an emerging trend in the retail sector, that doesn't appear to be the case.

Retail jobsRetail workersSeasonal jobsLabor hoardingAvery hartmansOminick reuter

L Oreal s Françoise Bettencourt Meyers, the Richest Woman in the World

Bettencourt Meyers isn't a typical billionaire heiress. She leads a very private life and focuses on her career as an author and L'Oreal board member.

France generalNew yorkUnited statesNeuilly sur seineBettencourt meyersMarie banierJean pierre meyersEugene schuellerLiliane bettencourtYves saint laurentBettencourt meyerNicolas sarkozyTom sanctonAdolf hitlerBettencourt schueller foundationNew york times

Neiman Marcus Only Targets Millionaire Shoppers, CEO Says

The top 2% of the store's customers drive roughly 40% of its total sales, and most of those customers are millionaires.

Neiman marcusDepartment storesLuxury goodsBergdorf goodmanAvery hartmans

Bed Bath & Beyond Biggest Mistakes That Led to Possible Bankruptcy

Bed Bath & Beyond's challenges began years ago, the result of short-sighted management and big bets that didn't pay off, according to a new report.

Bed bath amp beyondAvery hartmans

Renting Clothes Pros, Cons: What I ve Learned After Months Using Nuuly

In 2021, I began an experiment: Could I give up shopping and rent all my clothes instead? I'm still renting today, but I've learned a lot since then.

Jennifer hymanTerms of serviceMckinsey companyUrban outfittersFree peopleClothing rentalRent the runwayUrban outfittersFree peopleAvery hartmans

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