Walmart staffed up for holidays; US retailers cautious about economy

NEW YORK, Oct 16 - Walmart signaled it has enough staff for the holidays, in another sign that top U.S. retailers, fearing a seasonal shopping slowdown, are holding off on the typical hiring sprees for the peak period.

The holiday shopping season traditionally begins on the day after Thanksgiving, which falls on Nov. 23 this year, and ends on Christmas, but has been starting earlier every year. The period accounts for more than a third of annual income for most U.S. retailers. "There's a bigger push for referrals in the retail market than there was previously versus just putting all the money into advertising."

Last year, Walmart said it would hire 40,000 workers. The LinkedIn post did not state a hiring target for this year.

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