Retail Hiring Trends: Retail hiring in October fell below pre-pandemic levels, with a 16% drop in job postings compared to last year, indicating weaker expectations for consumer spending during the holiday season.
Seasonal Hiring Projections: The National Retail Federation anticipates 265,000-365,000 seasonal hires this year, significantly lower than the 442,000 hires in 2024, with major retailers like Walmart and Target yet to announce their hiring plans.
Target's New Staff Policy: Target is implementing a "10-4 program" requiring employees to engage with shoppers through smiles and greetings, aiming to enhance customer connection during the holiday season.
Consumer Spending Outlook: Despite the hiring slowdown, there are expectations for strong holiday sales, with projections of over $1 trillion in consumer spending, although the labor market's impact remains a concern.
Wall Street analysts forecast XRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XRT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast XRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XRT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 89.680
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Current: 89.680
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
