NEW YORK — The year is still young, but already consolidation and restructuring could be the buzzwords for 2003.
Kmart Corp., which became the biggest retail bankruptcy in history when it filed Chapter 11 nearly one year ago, is expected to disclose this week the list of sites it will shutter in its latest round of store closings. A real estate source close to the company said at least 250 stores will be closed, and that the final number is likely to be closer to 325.
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)