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…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at R.W. Baird. Automatic Data…
TJX Companies (NYSE: TJX) reported earlier this morning that its second-quarter profit came to $421 million, or $0.56 per share, and revenue totaled $6 billion. The results were up from $348.3 million,…
Wikimedia CommonsJCPenney Co. Inc. (NYSE: JCP) reported an adjusted second-quarter net loss of $0.37 per share and $3.02 billion in revenues before markets opened today. EPS for the same period a year…
Kohl’s Corp. (NYSE: KSS) opened higher this morning after the company posted a better-than-expected second-quarter profit as cost cutting offset weak sales. The retailer said its quarterly profit totaled $240 million, or…
Knight Capital Group Inc. (NYSE: KCG) raises $400 million. (CNBC) HTC reports that sales of its smartphones fell 45% year-over-year. (Reuters) The New York State Department of Financial Services apparently is investigating…
Retail sales might not exactly be setting any blistering pace of growth, but Retail Metrics has a report out that shows a traffic boost at the end of July should offer a…
Retail sales growth in June were expected to be weak compared with sales a year ago, and the predictions came true. Sales growth last June was a tough comparison because sales in…
Retailers will be announcing June same-store sales this week, and industry research firm Retail Metrics is now predicting sales growth of just 1% for the month. The past weekend’s storms on the…
Retail Metrics is out with its preliminary targets on June same-store sales and the report is one of caution. The firm is now expecting only a 1.0% growth in the same-store sales,…
