Toys R Us to add 45,000 seasonal hires
NEW YORK (AP) -- Toys R Us plans to hire 45,000 seasonal workers at its stores and distribution centers, the same number as last year, as it ramps up for the all-important holiday season.
Coming off a slower-than-expected back-to-school season, analysts and stores are bracing for a tough holiday shopping period, which accounts for as much as 40 percent of stores' annual revenue.
Stores typically begin to hire for the holidays in mid-September and ramp up hiring in mid-October.
Overall holiday hiring is expected to be relatively flat because of cautious consumer spending and uncertainty about the economic environment. Employer consulting firm Challenger, Gray & Christmas Inc. estimates that overall seasonal hiring will not change significantly from last year's total, when hiring rose 14 percent to 751,800 positions between Oct. 1 and Dec. 31.