WASHINGTON — Discounters and specialty retailers, anticipating a boost in consumer spending from one-time tax rebate checks, added jobs in June, but department stores and apparel and textile manufacturers reflected a national trend and cut back.
The Labor Department reported that general merchandise stores, a category that includes discounters like Wal-Mart, bucked the flow toward weakening employment, posting a gain of 8,900 jobs in June to employ 2.9 million, while apparel and accessories stores added 900 jobs to payrolls, bringing the total number of positions to 1.5 million.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)