Retailers, consumers and prices
Check Out Line: Holiday time in Toyland
Check out Toys R Us hiring 35,000 for the holiday season.
The toy store giant said it would keep its U.S. store hiring plans at the same level as the last two years, even though industry watchers expect a relatively bleak winter.
Toys R Us, the New Jersey-based chain with nearly 70,000 permanent associates around the globe, is preparing for what it expects will be “another busy holiday shopping season.” Besides hiring about 35,000 for the season, current Toys R Us employees will also be given the chance to work extra hours, the company said.
So far, we haven’t seen any must-have toys, but the battle has clearly begun.
Also on Wednesday, Walmart unveiled its plans to cut prices on toys once again this holiday season. The world’s largest retailer said it would have a $10 toys section in all U.S. stores today, offering more than 100 toys at that price.
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