For Immediate Release
Chicago, IL – September 30, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Walmart Inc. WMT, Amazon.com, Inc. AMZN, 1-800-FLOWERS.COM, Inc. FLWS, Target Corporation TGT and The Michaels Companies, Inc. MIK.
Here are highlights from Tuesday’s Analyst Blog:
A Rundown of Retail Hiring Plans for the Holidays
With 2020 inching toward an end, all eyes are on the busiest part of the year for retailers — the holiday season. No wonder, with the festive season looking quite unpredictable, thanks to the ongoing pandemic, retailers need to walk the extra mile to woo customers. They need to channelize their strength and make strategic investments to provide consumers a fast, convenient and safe shopping experience, be it offline or online. Well keeping all these aspects in mind and to keep pace with any unprecedented increase in demand, retailers are unveiling hiring plans for the holiday season.
The holiday season is a crucial time for retailers as it accounts for a sizeable chunk of yearly revenues and profits. Taking into account consumers’ product preferences and growing inclination toward online shopping, owing to social distancing and greater stay at-home trends, retailers are replenishing shelves with in-demand merchandise and ramping up investments in digitization this festive season. This could mean deployment of a reasonable number of seasonal associates to deal with curbside and in-store pickup of online purchases.
Additionally, retailers are likely to appoint more full-time and seasonal warehouse staff to ensure smooth supply of inventories to stores from distribution centers during the festive period. Moreover, to ensure safety measures amid the pandemic, retailers are looking to dedicate staff at its