Target Secures $1 Billion Credit Agreement
Express News | Target Corp - Entered Into a 364-Day Credit Agreement
Is american spending slowing down? The largest retail industry organization has issued a warning that the growth rate of year-end holiday consumer spending is slowing down.
Although the National Retail Federation expects total holiday season spending to reach a new high, persistent high inflation continues to erode consumer purchasing power. The growth rate of this year's most important holiday sales will be lower than last year, and household spending will be more cautious. Consumer spending is a key pillar of the US economy, insufficient consumption power may lead to a pessimistic outlook on the economy.
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Express News | Nrf - U.S. Holiday Sales During November and December Expected to Grow Between 2.5% and 3.5% Compared to 2023
usa retailer plans to hire thousands of seasonal workers before the holiday season
格隆汇October 15th｜From Target, Macy's to the parcel delivery company UPS and other companies in the usa, they all plan to recruit thousands of seasonal workers before the key holiday season arrives. Among them, Target plans to recruit 100,000 people, the same as last year; Macy's plans to recruit 31,500 full-time and part-time employees, down from recruiting 38,000 full-time and part-time seasonal workers last year; UPS plans to recruit 125,000 people, higher than the 100,000 people last year; Amazon plans to recruit 250,000 people, the same as last year. According to Challenger,