The banks got their $700 billion bailout from Washington Friday, but retailers got more bad economic news to dampen their holiday spirits.
The U.S. shed a seasonally adjusted 159,000 jobs in September, which was the largest decline in more than five years and included the loss of 41,000 retail positions. That marks nine straight months of shrinking employment for a total of 760,000 jobs lost so far this year and another serious blow to consumer sentiment. A surge of new jobs at specialty stores, however, pushed their payrolls higher than those of department stores for the first time on record.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)