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7.09823963658385E-05 0.00452015900056802 0.010221465076661 0.0107893242475867 0.00454287336740499 0.00880181714934703 0.0119250425894379 0.00993753549119822
Stock impact report

The holiday season will be so huge it will overwhelm the stores [CNN]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: CNN
The holiday season will be so huge it will overwhelm the stores Retailers are making big hiring plans in anticipation of the holiday shopping rush. Gap ( GPS ) said on Monday that it was bringing on 65,000 seasonal workers. Target ( TGT ) announced plans for 120,000 workers last week, 20% more than last year, while Macy's said it was hiring 80,000, the same number as last year. Delivery and logistics companies are also looking for workers to help with shipping: UPS ( UPS ) said on Monday that it was hiring 100,000 full and part-time workers, up 5% from last year. FedEx ( FDX ) is hiring 55,000. With unemployment below 4% , wages rising at the fastest rate in almost a decade, and consumers optimistic about the economy, Americans are poised to splurge during the holidays. "We're currently benefiting from a very strong consumer environment, perhaps the strongest I've seen in my career," Target chief executive Brian Cornell said last month. Retail sales will reach $720 billio Show less Read more
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