OPERATIONS

Walmart to up holiday hiring by nearly 10%

BY Marianne Wilson

Bentonville, Ark. — Walmart on Thursday said it plans to hire 60,000 temporary workers for the holiday season, an increase of nearly 10% from last year.

The discounter also said that current workers who want more hours during the holidays will receive priority.

“We are committed to making sure our customers can find the products they want for Christmas at low prices and can get through the checkout lanes quickly. To accomplish this we will have more registers than ever open during peak shopping hours between Black Friday and Christmas,” said Gisel Ruiz, COO, Walmart U.S.

The holiday hiring includes workers in stores and distribution centers.

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OPERATIONS

Retail holiday hiring on the upswing

BY Marianne Wilson

New York — Seasonal hiring in the retail sector is expected to outpace 2013, according to a report by Challenger, Gray & Christmas.

Retailers are projected to hire more than 800,000 seasonal workers for the upcoming holiday season, the highest number since 1999. In 2013, the retail industry hired 786,200 seasonal workers.

The report comes as retailers and related companies start to announce their holiday hiring plans. On Wednesday, Walmart announced it was upping its seasonal hires by nearly 10%. And UPS has announced it is doubling the amount of seasonal hires over last year.

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Gordon Brothers promotes Kenneth Frieze to CEO

BY Marianne Wilson

Boston — Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, appointed Kenneth S. Frieze as CEO, effective Oct. 1.

Frieze has over 20 years of leadership experience in restructuring, consulting, brand redevelopment, appraisal and asset disposition. He has held various roles at the firm since 2003, serving most recently as president.

Frieze, who succeeds his father, Michael G. Frieze, is the third generation of the Gordon family to have an active role in the firm. Michael Frieze will continue on as chief Investment officer and chairman of the firm’s board of directors.

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