1 minute

Holiday Bites: Top Five US Retailers by Biggest Holiday Hiring Plans 2020

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Ristha Dsa, Data Manager
Swarooprani Muralidhar, Director of Research
  • Against the backdrop of ongoing health risks, growing e-commerce trends and rampant retail bankruptcies, holiday hiring patterns this season underwent a radical transformation.
  • On a comparable basis, Coresight Research had tracked a 19.8% year-over-year decline in total holiday hiring by retailers and allied sectors such as logistics companies that have announced hiring plans this year.
  • Department stores drove the bulk of the decline, with Macy’s cutting seasonal hires to a little below 38,000 this year from 80,000 in 2019.