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Report: Hoffman Estates working to keep Sears headquarters
Hoffman Estates, Ill. -- An Associated Press report on Tuesday said that Hoffman Estates, Ill., trustees have passed a resolution asking the state of Illinois to try and keep the Sears Holdings Corp. headquarters located in Hoffman Estates.
Sears has said it is in discussions with two prospective destinations for its corporate headquarters, but is still talking to Illinois about staying put.
Hoffman Estates’ mayor William McLeod has said it would "devastating" if Sears moved its headquarters to another locale. -
Kronos report: Retail hiring highest since end of recession
Chelmsford, Mass. -- A report released Tuesday by Kronos said that the retail hiring levels have reached the highest mark in nearly three years. The Kronos Retail Labor Index, which characterizes the current state of the demand and supply sides of the labor market within the U.S. retail sector, rose to 3.9% in September, reflecting a strong gain in hires and a modest decline in applications, all on a seasonally adjusted basis. (A level of 3.0% means that for every 100 applications received, three hires occurred).