Shares of Target Corp. (TGT) are up over 2.5% mid-morning Wednesday after the company announced plans to hire more than 100,000 extra hourly workers to stock toys, organize shelves, help customers find gifts and fulfill a growing number of online and in-store pickup orders this holiday season.
Target's plan to tackle the busiest time of the year means hiring 100,000 team members for its 1,816 stores, plus 4,500 extra workers for distribution centers and fulfillment facilities. That could mean 55 new hourly workers at your local Target.
During the weekend of Oct. 13 through Oct. 15, Target is holding in-store seasonal hiring events between 10 A.M. and 6 P.M. There will be on-site interviews and some jobs offered then and there, the company said. Current Target employees can also add extra holiday hours to their schedules.
Seasonal employees will get a 10% discount on all Target merchandise and a 20% "wellness discount" on fruits, vegetables, Simply Balanced foods and athletic gear.
Target stock surged 5% from November through the end of last year during the holiday rush. Shares have traded down nearly 18% since the start of 2017.
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