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0 0 0.00610415515128216 0.00610415515128216 -0.00201869697916424 -0.00711350364086414 -0.00769027420633964 -0.00716180817572275
Stock impact report

Target to hire 100,000 workers for holiday season, start promotions in October [Reuters]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Reuters
The plan comes against the backdrop of predictions that sales growth during the crucial holiday period in the United States could be just half of what it was last year due to higher prices denting consumer spending and worries of a recession. A Mastercard (MA.N) report on Tuesday showed U.S. retail sales could rise only by 3.7% for the period beginning November through Dec. 24, compared with the 7.6% growth seen in 2022. Last week, a report from career consultancy firm Challenger, Gray & Christmas showed that weaker spending coupled with increased labor costs would result in U.S. retailers hiring the lowest number of seasonal workers this year since 2008. In 2022, Amazon.com (AMZN.O) had announced plans to hire 150,000 employees for the holiday season, while retail bellwether Walmart (WMT.N) had said it would add 40,000 workers in seasonal and full-time roles. Macy's said on Monday it would hire more than 38,000 full and part-time seasonal workers, fewer than the 41,000 worke Show less Read more
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