April 2010 National Retail Sales Results
Last month the industry showcased two straight months of double-digit comparable store increases. For April the comp store sales trend remains strong, fueling a dramatic change in retailer hiring activity.
At a 3.2 percent annualized rate, the first quarter’s GDP growth still exceeded the 2.8 percent average growth the U.S. has seen over the last 25 years. For the first quarter of 2010 consumer spending grew by 3.6 percent, and more impressively, business investment in equipment and software grew by 13.4 percent. Tony McKinnon, president of MRINetwork cautions the overly-conservative “Business investment goes hand-in-hand with headcount increases.”
New Store Growth
We continue to talk with major retailers every day who are planning expansion for 2010 and 2011. These announcements of new store openings make a clear statement that, "We're competitors in our space. We're not planning to lose market share in 2010 so we're moving ahead with openings."
Recruiting
Relocating high demand candidates continues to be a challenge for your HR Professionals. When creatively approached and presented in the right way this challenge can be overcome and a top candidate delivered. How much time are you dedicating each month to interviewing top talent from your competitors?
If this idea appeals to you then contact one of our Certified professionals. Your call may build a relationship that changes your career for the better.
Click here to view April Retail Sales Results
