Marcus & Millichap Report: Needs-Based Retailers Announce Surge in Hiring Plans
April 8, 2020
Key Takeaways:
• Despite record layoffs and unemployment claims, some retailers have announced efforts to hire thousands of new employees
• Firms taking on additional staff are primarily in the drug, grocery/general, home improvement and online fulfillment sectors
• The largest announcements include:
– Walmart: 150,000
– CVS: 50,000
– Albertsons/Safeway: 30,000
– Amazon: 100,000
– Dollar General: 50,000
– Lowes: 30,000
– Home Depot: 80,000
– Kroger: 33,000
– Dollar Tree/Family Dollar: 25,000
Source: Marcus & Millichap
