What’s the plan for 4th quarter payrolls?

At this writing (late September) several retailers have announced fairly aggressive hiring plans for holiday. My point of view, from a recent RetailWire post:

Retailers may be finding that they have leveraged expense cuts to the point of “diminishing returns.” The reported increases in hiring signal not only an improvement in the spending climate (and consumer optimism), but also a strategic decision to focus more on the top line. That being said, smart stores will pick their spots carefully for the added payroll, from e-commerce call centers and DC’s to checkout lanes, not necessarily overstaffing specific merchandise areas.

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