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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Macys Inc | NYSE:M | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.40 | 2.09% | 19.52 | 19.61 | 19.125 | 19.44 | 3,890,898 | 21:15:53 |
By Colin Kellaher
Macy's Inc. (M) on Thursday said it plans to hire about 80,000 extra workers for the holiday season, in line with last year, but it said fewer of those seasonal positions will be in its stores.
The Cincinnati department-store chain said roughly 30,000 of the seasonal positions will be based in its fulfillment facilities, up from 23,500 last year, as online shopping continues to eat into brick-and-mortar sales.
Macy's said it will conduct a national hiring event on Oct. 24, adding that it is offering full-time, part-time and flexible seasonal positions.
The retailer said more than 8,000 seasonal employees found permanent work with the company after last year's holiday season.
Outplacement firm Challenger Gray & Christmas last month said U.S. seasonal hiring is expected to stagnate or fall slightly this year after declining last year.
Gap Inc. (GPS) last week said it planned to hire less than half the number of seasonal employees this year than it did last year, instead offering extra hours to its current staff.
Target Corp. (TGT) has announced plans to hire about 133,000 seasonal workers, an increase of more than 5,000 over last year's level.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
October 03, 2019 09:38 ET (13:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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