Saks Fifth Avenue will layoff more than 100 workers in the cosmetics and fragrance department at its New York City flagship store, according to a report published overnight by The New York Post. The cuts will be made at the end of January. According to the report, the retailer said the layoffs are part of a strategic plan to let cosmetics and fragrance brands fully staff the counters—a strategy adopted this summer throughout the rest of the retailer’s chain. It is also the standard prac...