Macy’s (NYSE:M) is planning to hire over 41,000 workers for full and part-time positions for the upcoming holiday season.
The retailer is hiring in sync with the historical trends with job offers made under 48 hours for opportunities ranging from entry-level to leadership positions.
The move, with a focus on the holiday season, comes on the heels of Amazon announcing a Prime Day-like event next month.
What Is Macy’s Beta?
Macy’s currently has a beta of 1.56 indicating the stock is more volatile than the broader market. At the same time, analysts have a Hold consensus rating on the stock alongside an average price target of $23.10, indicating a 50.10% potential upside.
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