Macy's to hire 80,000 for holiday rush, boost online staffing
(Adds analyst comment, background; updates share price)
By Uday Sampath Kumar
Sept 12 (Reuters) - Macy's Inc said on Wednesday it
would hire 80,000 temporary workers for the holiday season, in
line with last year's initial hiring, and deploy more hands to
cater to the avalanche of online orders expected in the shopping
The department store chain said 23,500 seasonal workers
would be employed at its online fulfillment centers across the
United States, 5,500 more than last year.
The rest of the hires would be based in call centers, shop
floors at Macy's and Bloomingdale's and will support the
company's annual Thanksgiving Day Parade in New
Seasonal hiring plans of retailers indicate their sales
expectations for the holiday season, which starts a day after
Thanksgiving and continues into early January, and accounts for
nearly a third of their annual sales.
The company, like its department store peers, has been
investing heavily to beef up its online presence and lure back
shoppers who had shifted to rivals such as e-commerce giant
Macy's online business clocked double-digit growth in the
second quarter, with sales through its mobile app rising more
than 50 percent in the first half of its fiscal year from a year
Last September, Macy's said it would hire 80,000 temporary
workers, but added 7,000 in December following strong Black
"There's a lot of optimism among retailers for the holidays,
but a lot of them are waiting for after Thanksgiving to assess
exactly what they need in terms of temporary hires," Neil
Saunders, Managing Director of GlobalData Retail said.
Peer Kohl's Corp said in June it would begin hiring
seasonal workers for the back-to-school, fall and holiday
seasons "earlier than ever."
Macy's shares, which have risen about 44 percent this year,
were up 0.5 percent at $36.54 in early trading.
(Reporting by Uday Sampath in Bengaluru; Editing by Arun
Koyyur, Sriraj Kalluvila and Sweta Singh)
First Published: 2018-09-12 14:12:32
Updated 2018-09-12 17:41:34
© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.