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Nordstrom Gears Up for Holiday Rush, Plans Seasonal Hiring

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Time flies and how. The most-awaited holiday season that keeps retailers on their toes, is arriving again. Just like every year, retailers are busy with preparations to make the most of this solid selling period this time around too. In this regard, Nordstrom Inc. (JWN - Free Report) announced plans to employ roughly 11,400 seasonal workers to handle the crazy holiday rush.

Notably, Nordstrom’s seasonal employees will cater to customers across all its stores including the full-line stores, Rack stores, its distribution and fulfillment centers. Further, some of the employees will look after its online operations, Hautelook and Trunk Club customers.

Incidentally, roughly 9,500 seasonal employees will be recruited for 123 Nordstrom stores across the U.S. and Canada, and 213 domestic Nordstrom Rack stores. Additionally, the company plans to hire about 1,900 workers for its stores and eCommerce operations at its fulfillment and distribution centers across various states.

These seasonal roles will include both part-time and full-time positions, with the opportunity for some workers to become regular employees. This fashion specialty retailer believes that the improved staffing will help it to better serve customers during the busy time of the holidays.

We note that during the holiday season, most retailers remain hawk-eyed, flooding the markets with offers and promotions. They sweep buyers off their feet with early-hour store openings, huge discounts, promotional strategies, and free shipping on online purchases. Since the season accounts for a sizeable chunk of yearly revenues and profits, retailers grab every opportunity to drive footfall.

Apart from Nordstrom, other retail bellwethers like Macy’s Inc. (M - Free Report) , Target Corp. (TGT - Free Report) and Kohl’s Corp. (KSS - Free Report) , among others have adopted the same strategy to tap maximum holiday sales. While Macy’s plans to add 83,000 seasonal staff, Target and Kohl’s announced seasonal hiring of 70,000 and over 69,000 staff, respectively, for the upcoming shopping rush.

Nordstrom carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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