According to a forecast from Challenger, and Gray and Christmas, Retailers and logistics companies are gearing up for a huge shopping season, which translates into more jobs added for seasonal hiring.
Retail sales inched up 0.1% in August over July and 5% year-over-year as the economy continued to grow despite concerns about the growing trade war, the National Retail Federation reported.
Hershey's announced that it has entered into a definitive agreement to acquire Pirate Brands, which includes Pirate’s Booty, Smart Puffs and Original Tings, from its parent company B&G Foods.
Walmart entered an agreement to acquire Cornershop, an online marketplace for on-demand delivery of food and packaged goods from supermarkets, pharmacies and specialty food retailers in Mexico and Chile for $225 million.
Beauty Systems, which distributes beauty products to salon professionals through its CosmoProf and Armstrong McCall divisions, signed a distribution agreement with Pravana to offer its products in stores by 2019.
The possibility of escalating tariffs is putting a damper on the otherwise healthy retail marketplace and has caused retailers to up their import orders, according to the National Retail Federation.
