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ICSC: Holiday chain store sales to rise 3%
New York -- A holiday preview report released Tuesday by the International Council of Shopping Centers said that sales are forecasted to rise 3% during the traditional November-December 2012 holiday period.
Additionally, ICSC said it anticipates that the other two measures of U.S. industry holiday sales – shopping-center sales and GAFO-store sales – will increase slightly as well.
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Toys ’R’ Us to hire 45,000 employees for the 2012 holidays
Wayne, N.J. -- Toys “R” Us said Tuesday it will hire 45,000 seasonal employees for the 2012 holiday season, about 5,000 more than last year.
The increase, said the retailer, is driven in part by the addition of positions resulting from omnichannel programs such as "Buy Online, Pick Up In Store," "Ship from Store" and "Ship to Store."