Target to hire approximately 2500 seasonal workers in Colorado

Sep 14, 2017, 00:09
Target to hire approximately 2500 seasonal workers in Colorado

The major retailer announced the hiring blitz on Wednesday.

Additionally, Target will hire 4,500 team members at the company's distribution and fulfillment centers to replenish products to stores and fulfill digital sales throughout the season.

"Although we have seen high layoffs in retail with store closings and some companies filing for bankruptcy, there has also been increased hiring in new areas of the sector as retailers build out their e-commerce platforms", said Challenger.

That means that, as at Target, many retail jobs for the holidays (as at other times of the year) are increasingly found away from stores.

Retailers including Sears Holdings Inc and Macy's Inc have announced plans to close hundreds of stores in the last few months as they struggle with increasing competition from Amazon and fast-fashion retailers such as Forever 21.

Target will be hosting seasonal hiring events at every store on Friday, October 13th to Sunday, October 15th from 10 6 p.m. where candidates can receive in-person interviews. The first is a 10% discount on purchases made at its stores and online. This includes "fruits and veggies, Simply Balanced brand foods and C9 athletic gear".

Target says it plans to hire about 100,000 workers for the holiday season, up from the 70,000 it hired a year ago. "Hiring seasonal employees is a way to test what you really need".

Excluding Wednesday's move, the stock was down about 20% year to date.

As of this writing, William White did not hold a position in any of the aforementioned securities.