Amazon to Hire 120,000 Workers for Busy Holiday Shopping Season

As the holiday shopping season begins, Amazon (AMZN) - Get Report is hiring 120,000 temporary workers, that's a 20% increase from last year. Some of these roles will eventually become permanent positions. In 2015, over 14,000 temporary jobs became full-time. Rival retailers such as Macy's (M) - Get Report and Target (TGT) - Get Report have no plans to boost seasonal hiring. TheStreet's Scott Gamm reports from Wall Street.