Target Conservative in Holiday Season Expectations

by | Sep 24, 2010 | Towing

Target Corp. (TGT) is conservative in its expectations of holiday spending this year.

Target’s CEO Gregg Steinhafel said that sluggish consumer spending an ailing economy may weaken holiday purchases, Reuters reported.

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Consumer spending has strengthened several times, only to fall back again later, Steinhafel said.

“It’s like a game of whack-a-mole,” Steinhafel said.

Still, Target…

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Target Conservative in Holiday Season Expectations originally appeared on DailyFinance on Fri, 24 Sep 2010 08:25:00.

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A Hopeful Outlook for Retailers’ Holiday Hiring

by | Sep 21, 2010 | Towing

Two consecutive months of sales gains among the nation’s retailers may provide just enough confidence to trigger increased seasonal hiring this year. Even so, pre-recession hiring levels aren’t likely.
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