Here’s how retailers are staffing up for the 2024 holiday season

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As the holiday season fast approaches, retailers are putting together their seasonal hiring plans to keep stores and fulfillment centers operating. 

Initial projections for retail’s busiest time of year are for sales to grow modestly, with Deloitte predicting an increase of between 2.3% and 3.3% year over year. E-commerce is expected to account for a large portion of that, with online sales expected to grow 7% to 9%, per that report. Adobe is predicting e-commerce will hit a new record in the U.S. this season, with sales potentially reaching $240.8 billion.

All of that means retailers need to send more packages and have more workers manning the fulfillment centers and retail stores that make that happen. But a softening economy and labor market may lead to lower job gains than in previous years, according to a seasonal hiring outlook from Challenger, Gray & Christmas. The outplacement firm predicts retailers will bring on 520,000 new jobs in Q4, the second-lowest total since 2009 and well below last year’s roughly 564,000.

“This prediction considers that now, job gains are falling, and consumers have tightened spending,” Andrew Challenger, senior vice president at Challenger, Gray & Christmas, said in a statement. “That said, the cooling seems to be slow. Seasonal employers will add jobs, but need may fluctuate as the season progresses.”

Retailers may be unable to fill positions this year, Challenger noted, or they may simply need fewer workers if consumers shop less this season. And indeed, some reports show consumers are tightening their wallets ahead of retail’s all-important quarter. 

However it shakes out, here’s how some of retail’s major players are thinking about staffing this year.

Target

Target said Sept. 16 that it plans to hire about 100,000 seasonal employees to work in its nearly 2,000 stores and more than 50 supply chain facilities across the U.S. The company has maintained that holiday hiring goal for the past several years, according to prior announcements.

Current employees will get the opportunity to work extra hours. Target said about 45,000 of its 400,000 employees are part of the retailer’s On Demand program, which offers the ability to pick up extra shifts as desired.

Most of the seasonal employees will fill in-store positions. Their starting pay ranges from $15 to $24 an hour. Seasonal employees also get a 10% discount on merchandise and an additional 20% off on wellness items. They can also choose to get paid early with DailyPay and can access 24/7 virtual healthcare and free confidential counseling services.

Walmart

Unlike other retailers that have made specific holiday hiring announcements, Walmart said it has been hiring associates throughout the year. The mass merchant will offer additional hours to current associates where needed.

In 2023, the company had a similar approach when gearing up for the season. In a LinkedIn post last year by Maren Dollwet Waggoner, Walmart’s senior vice president of global tech and corporate functions people, said the company is “staffed and ready to serve customers this holiday season.”

Previously in 2022, Walmart said it would hire 40,000 additional associates for the holidays, down from 150,000 in 2021.

Macy’s

In order to fill more than 31,500 full- and part-time seasonal roles for its Bloomingdale’s, Bluemercury and namesake stores, Macy’s Inc. is holding in-person hiring events at all stores and supply chain locations, one day a month through December. Candidates can find out more or apply online at macysJOBS.com, bloomingdalesJOBS.com and bluemercury.com. 

Those interested in supply chain-related work can apply online or in person during hiring events at company distribution centers, including those located in Cheshire, Connecticut; Goodyear, Arizona; Martinsburg, West Virginia; North Jackson, Ohio; Portland, Tennessee.; and Tulsa, Oklahoma.

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