Macy's (M +1.8%) says it plans to increase holiday hiring by 4%, turning analysts' forecast for...

|About: Macy's Inc. (M)|By:, SA News Editor

Macy's (M +1.8%) says it plans to increase holiday hiring by 4%, turning analysts' forecast for sluggish seasonal hiring on its head. Most of the positions are only part-time, but the move has helped lift slouching sentiment in the retail sector. Gainers: JCP +2.2%, DDS 1.5%, SSI +2.8%.