May 2010 National Retail Sales Results
After two straight months of double-digit comparable store increases the attached May results reflect a solid, yet more competitive growth trend. Specialty apparel, department stores and several other segments showed encouraging gains. Comp store sales reflect the most consistent consumer demand that we’ve seen since early 2009.
Unemployment
The Labor Department reported improved unemployment at 9.7% vs. 9.9% for the May period. Management, professional and related occupations remained unchanged at 4.5% for May. A Careerbuilder® survey revealed that 40% of employees plan to change jobs this year, based largely upon a belief that they’ve been doing more than one job as a result of downsizing. Compensation was also sited as a factor in their decision to make a change.
Recruiting
At Retail Search Group the month of May was the largest volume month in the past year. Each Director’s practice is very busy, and the activity is accelerating. The best performing retail brands are reacting to their business by attracting best-in-class candidates. These retailers are investing in rapid ROI assets – top talent that steps into the role and moves their business quickly. Retail brands with the best people will dominate comp store sales – but when has that not been the case!
Click here to view May Retail Sales Results
If you haven’t already, I would encourage you to develop a relationship with our team. They’re the finest retail specialists in the search industry. They are:
Kim Franchi, Director Field Operations Recruiting, kim@retailsearchgroup.com
Joan Cartelli, Director, Buying & Merchandise Recruiting, joan@retailsearchgroup.comUnemployment
The Labor Department reported improved unemployment at 9.7% vs. 9.9% for the May period. Management, professional and related occupations remained unchanged at 4.5% for May. A Careerbuilder® survey revealed that 40% of employees plan to change jobs this year, based largely upon a belief that they’ve been doing more than one job as a result of downsizing. Compensation was also sited as a factor in their decision to make a change.
Recruiting
At Retail Search Group the month of May was the largest volume month in the past year. Each Director’s practice is very busy, and the activity is accelerating. The best performing retail brands are reacting to their business by attracting best-in-class candidates. These retailers are investing in rapid ROI assets – top talent that steps into the role and moves their business quickly. Retail brands with the best people will dominate comp store sales – but when has that not been the case!
Click here to view May Retail Sales Results
If you haven’t already, I would encourage you to develop a relationship with our team. They’re the finest retail specialists in the search industry. They are:
Kim Franchi, Director Field Operations Recruiting, kim@retailsearchgroup.com
Leona Williams, Director Planning & Allocation Recruiting, leonaw@retailsearchgroup.com
Steve Olson, Director Finance & Accounting Recruiting, steve@retailsearchgroup.com
