LITTLE ROCK, Ark. — Dillard's Inc. chief executive officer William Dillard 2nd said Saturday that in hindsight, the department store chain entered too many markets it shouldn't have and revealed plans to trim the store base and cut capital expenditure by more than 45 percent.
Speaking at the company's annual shareholders' meeting here, Dillard didn't specify which markets the company should have avoided.
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?"