Special Report

Retailers Hiring the Most Employees for the Holidays

3. Kohl’s
> 2014 seasonal hires: more than 67,000
> Change from 2013: +17,000
> Total employees: 137,000
> U.S. stores: 1,158

Kohl’s employed 137,000 associates as of February 2014, 106,000 of which were part-time workers. Like most retailers, the number of Kohl’s employees tends to peak during the winter months, and the company plans to expand its workforce by more than 67,000 in preparation for this year’s holiday season. Although Kohl’s U.S. sales fell 1.3% in 2013 from the year before, its end-of-year hiring plan represents a substantial increase from the same period last year. Kohl’s will add an average of nearly 50 jobs to each of its stores, located in nearly every state, as well as thousands of more jobs in its distribution facilities.

2. Target
> 2014 seasonal hires: 70,000
> Change from 2013: 0
> Total employees: 366,000
> U.S. stores: 1,793

Last year’s holiday season was especially challenging for Target after it disclosed a data breach that compromised the personal information of tens of millions of customers. After the breach, the company said that comparable sales in the fourth quarter of 2013 fell by 2.5%. CEO Gregg Steinhafel resigned earlier this year in the fallout from the scandal. This year, there may be some good news for the company. U.S. holiday sales are expected to pick up between 4.0% and 4.5%, according to a recent Deloitte study. In anticipation, Target plans to hire roughly 70,000 employees this season, the company told CNBC, in line with the number hired last year.

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1. Macy’s
> 2014 seasonal hires: 86,000
> Change from 2013: +3,000
> Total employees: 172,500
> U.S. stores: 840

Macy’s plans to ramp up seasonal hiring this year. The retailer said it will add 86,000 seasonal workers, a slight increase from last year’s holiday season hiring of 83,000. Even excluding its holiday surge the retailer is a very large employer, with 172,500 employees as of February. Macy’s will be looking for a profitable holiday season to satisfy Wall Street. The company reported earnings of 80 cents per share in its most recent quarter, missing analyst expectations, and it also lowered its comparable sales growth forecast for 2014. The company did not, however, lower its 2014 earnings forecast. Additionally, while many retailers have struggled, Macy’s has been somewhat of an exception, having grown its profits substantially in recent years.

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