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Hay Group: Retailers cautiously optimistic about holiday sales
Philadelphia -- Nearly one-quarter (24%) of retailers expect a significant increase (5% or more) in year-over-year sales during the 2014 holiday season, while another 70% are predicting sales will be on par with the 2013 season, according to a survey by global management consultancy Hay Group.
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Walmart to up holiday hiring by nearly 10%
Bentonville, Ark. -- Walmart on Thursday said it plans to hire 60,000 temporary workers for the holiday season, an increase of nearly 10% from last year.
The discounter also said that current workers who want more hours during the holidays will receive priority.