NEW YORK — Jacobson Stores Inc., still unsure of its future, gave more than half its employees their notice Friday as it moved closer to a liquidation.
A spokesman for the retailer said that the 18 specialty stores in five states continue to operate. He said that 240 employees at the headquarters in Jackson, Mich., were eliminated on Friday. Another 20 individuals in Orlando, Fla., were also let go. Most of those jobs were from merchandising, marketing and technology. The company still has 240 employees on its payroll, many in accounts receivable and payable.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"