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

March 2010 National Retail Sales Results

March showed an upturn and retailers posted strong gains for the month! Experts are saying the warm weather is helping bring out the shoppers and having Easter eight days earlier this year brought them out early. Most department stores like Kohl’s, and some specialty apparel stores, had a significant increase in comp store sales due to the boost in apparel shopping.

With this upturn, Retail Search Group is seeing an increase in Client needs as well. As your competitors drive growth and profit, is your team performing where they need to? Let us help you find the Top Talent in the industry.

Each of our recruiters reaches out to 50+ candidates each day – we know the top talent.

Click here to view March Retail Sales Results

February 2010 National Retail Sales Results

Analysis - Comparable Store GrowthComp store growth is busting out! Most specialty and department stores are showing significant comp store increases for February! The major concern retailers now face is their ability to maintain merchandise inventories consistent with increasing customer demand. Staying in-stock on best sellers is critical to continued top line revenue growth. Expect margin results to be excellent as well.

Recruiting – Top Talent Drives Sales and Profit Growth
What percent of your week do you dedicate to new talent acquisition? Revenues are growing. Margins during 2010 won’t be driven by savings – they’ll be driven by top line revenue growth. As top performers typically drive growth and profit, is your team performing where they need to?
If your team can use an infusion of top talent then go to professionals who already know them. The best new talent for your team is probably at your competition, with their heads down working hard. They must be attracted away from their current opportunity, to yours.

Each of our recruiters reach out to 50+ candidates each day – we know the top talent. Contact one of our Directors if you need results.

Click here to view Febraury Retail Sales Results

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