Retailers are ramping up hiring for the holiday season.
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Meanwhile, the department store Kohl’s encouraged people to apply for positions but stayed mum on its plans, mirroring Walmart, which said it’s been hiring store associates throughout the year and will tap into its own staff when needed during the busy season. The consulting firm Deloitte forecasts U.S. retail sales will increase between 2.3% to 3.3% during the November to January timeframe and reach a total of $1.59 trillion. EY-Parthenon, the consulting arm of Ernst & Young, forecasts a similar 3% jump in sales during the traditional November-December period. However, it saysare likely to account for a big chunk of that growth, noting real volume sales will only rise 0.5% year-over-year.
Overall, U.S. retailers are expected to add 520,000 new jobs in the final quarter of this year compared to 564,200 in 2023, according to a report released last month by Challenger, Gray & Christmas. The firm, which analyzes non-seasonally adjusted data from the Bureau of Labor Statistics, says that’s more than the 509,300 seasonal jobs retailers added in 2022. But it represents the second-lowest total since 2009.
To scoop up employees, companies like Macy’s and JCPenney as well as sporting goods stores Bass Pro Shops and Cabela’s are recruiting workers through nationwide hiring events. Macy’s had said it would offer on-the-spot interviews during its first event, which took place last week in its stores and warehouses. The company plans to hold three more events this year.
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