Target ups holiday hiring by 40%

Target plans to hire 100,000 workers for the 2017 holidays up 40% from last year

The positions are available now and applications are being accepted for a number of roles within the company.

Every holiday season, businesses in the retail industry compete to find temporary employees needed for the surge in sales.

Amazon, an e-commerce behemoth, for example, hired 120,000 supplementary workers for the end of last year, a 20% uptick from the year before that, reports TheWSJ. Over the past 52 weeks, the stock was down closer to 16%.

The retailer said Wednesday that the seasonal hires, an increase of 30,000 workers from the 70,000 people it hired past year, will stock shelves at its more than 1,800 stores or fulfill online orders that customers pick up in stores. This is a 42.9% increase year over year.

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The goal is more than 40 percent higher than the 70,000 workers signed up a year ago, Target said Wednesday.

In addition, Target will hire 4,500 workers for its distribution and fulfillment centers to replenish products to stores and to fulfill online orders throughout the season.

Target is hiring 100,000 people to work during the hectic holiday shopping season, up 40 percent from previous year. "As always, we will provide our seasonal team members with meaningful opportunities to build and develop skills, and offer great benefits, including a variety of schedules and team member discounts".

Shares of Target were last seen up nearly 3% at $59.50, with a consensus analyst price target of $58.90 and a 52-week range of $48.56 to $79.33.

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