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Kohl's (KSS) Will Hire 69,000 Workers for Upcoming Holiday Season

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On Monday, department store Kohl’s Corp. (KSS - Free Report) announced that it would hire over 69,000 workers for the fast-approaching 2016 holiday season, the same amount the company took on last year.

Positions will be available at its more than 1,100 store locations in 49 states, as well as its distribution and e-commerce fulfillment centers and at Kohl’s credit operations. The company said season hiring began last month, with most jobs expected to be filled by mid-November.

“The holidays are an exciting time to join the Kohl’s team. Whether you’re looking to start a career in retail or make extra money for the holidays, Kohl’s is a great place to work with a culture of appreciation and opportunity,” said Ryan Festerling, Kohl’s executive vice president of human resources, in a press release. “Our seasonal associates help deliver amazing products, incredible savings and an easy experience to Kohl’s customers in our stores and online.”

The holiday season is an important time for all retailers, as many make almost a third of their annual sales and 40% of their profits during this pivotal period, according to Reuters. Kohl’s is not the only company increasing its holiday hiring measures. Last week, Target Corp. (TGT - Free Report) said it will hire over 70,000 seasonal store employees, and UPS (UPS - Free Report) will hire about 95,000 workers nationwide to help meet shipping demands.

KOHLS CORP Price and Consensus

KOHLS CORP Price and Consensus | KOHLS CORP Quote

Currently, Kohl’s is a #3 (Hold) on the Zacks Rank and has lost over 8% year-to-date.

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