Consumer Biz Replay: Wal-Mart’s Seasonal Hires, New Wii U Sales
Uncertainty over the expiration of a Chinese tariff that rules the impact of quantities and pricing bore down on shares of both Goodyear Tire & Rubber Co. (NYSE:GT) and Cooper Tire & Rubber Co. (NYSE:CTB) on Friday, as did Keybanc downgrades from Buy to Hold.
Wal-Mart Stores, Inc. (NYSE:WMT) says that it will add hours for its existing associates and also bring in 50,000 seasonal workers in order to handle the holiday rush. The retailer did not supply specifics, though it indicated that the numbers are higher than in 2011.
No, it’s not the iPhone 5 this time: retailers such as GameStop Corp. (NYSE:GME) and Wal-Mart are reporting a strong response on their websites that are now open to preorders for the new Wii U console from Nintendo Co. Ltd. (NTDOY.PK).
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