The stock market is up Thursday, with the Dow Jones Industrial Average up 0.30%, the Nasdaq up 0.62% and the S&P 500 up 0.37%. Today’s winner include a infrastructure and software company reporting strong…
247sam ThinkstockIf you have ever heard of retailers getting more and more desperate to capture your Christmas and holiday spending dollars, 2012 is going to take the cake. Two holidays have generally been considered…
U.S. equity markets opened slightly higher this morning, but by the end of the first hour stocks had turned south and remained in negative territory throughout the rest of the day. In…
ThinkstockApparently many executives decided to sell shares right before the presidential election. This is not an assumption that anything is wrong in the companies because insiders can sell shares for a myriad…
thinkstockKohl’s Corp. (NYSE: KSS) reported third-quarter 2012 earnings this morning. For the quarter, the department store chain posted diluted earnings per share (EPS) of $0.91 on revenues of $4.5 billion. In the…
Paul Ausick U.S. equity markets opened lower this morning as traders and investors tried to sort out their reactions to the re-election of President Obama. The initial reaction is that the U.S. economy is…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
Package delivery giant United Parcel Service Inc. (NYSE: UPS) said yesterday that it plans to hire 55,000 seasonal workers to sort, load, and help deliver packages during the coming holiday season. The…
Amazon.com Inc. (NASDAQ: AMZN) will hire more than 50,000 seasonal workers to staff up its 40 U.S. fulfillment centers for the coming holiday shopping season. Amazon joins the ranks of other large…
Despite the many economic headwinds still facing the U.S., much of the retail industry is anticipating a sharply improved holiday season compared to last year and is planning accordingly. Six of the…
Wikimedia CommonsMacy’s Inc. (NYSE: M) has announced that it plans to hire approximately 80,000 seasonal associates for its Macy’s and Bloomingdale’s stores for the 2012 holiday season. That would be an increase…
Toys”R”Us will add 45,000 temporary jobs for the holidays. As retailers usually announce, some of these people may get full-time jobs. Of course, most will not. If consumers continue to be worried…
From October through December last year, U.S. retail payrolls added 660,200 workers according to outplacement firm Challenger, Gray & Christmas. That was barely more than the 647,600 seasonal workers added in 2010.…
Breaking with its past practice, Wal-Mart Stores Inc. (NYSE: WMT) said today that it plans to hire about 50,000 seasonal workers and to boost hours for its regular employees during the 2012…
In 2010, U.S. firms hired an estimated 627,000 temporary workers to help meet demand for customer service, package handling and warehousing. Of that total, about 495,000 were hired in retail stores. Last…
