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Holiday spending intentions bode well for value retailers
SCHAUMBURG, Ill. — New research from Nielsen shows consumers will be practical and focused on value during the upcoming holiday season, which bodes well for Target as one on the nation’s leading toy retailers and top destination for gift givers.
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Macy’s to increase holiday hires by 4%
Cincinnati -- Macy’s said it plans to hire approximately 78,000 seasonal associates for its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2011 holiday season. The total is up about 4% from the approximately 75,000 seasonal associates the chain hired last year.
“We expect additional hiring this year given the continued sales growth in our business – both in-store and online,” said Terry J. Lundgren, Macy’s, chairman, president and CEO.