Party City plans to hire 20,000 seasonal employees for Halloween, less than last year

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Party City Holdco Inc. said Tuesday it plan to hire ab out 20,000 temporary employees for the Halloween season, which is down from 25,000 seasonal hires announced a year ago. The party goods retailer said it expects to open approximately 25 Halloween City pop-up stores for the season, which compares with last year’s plan to open up 275 pop-up stores. The company said it expects to retain 10% of temporary seasonal hires after the Halloween season. The stock, which gained 0.7% in premarket trading, has rallied 29.9% year to date through Monday, while the S&P 500 has gained 1.6%.
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