Yahoo Finance Nordstrom (JWN) Announces Hiring Associates for Holiday Season
Nordstrom Inc. JWN is taking strides to ensure a delightful shopping experience as it announces the commencement of hiring for the 2023 holiday season. The company is hosting a hiring day to fill hundreds of positions in its Nordstrom and Nordstrom Rack stores across Austin, Minneapolis, Salt Lake City, Boston, San Diego, Seattle and Denver area. These hiring events are scheduled for Oct 27 and Nov 3 from 11 a.m. to 5 p.m.
A significant portion of these positions will involve sales and the fulfillment of customer orders. The company offers competitive pay, a 20% merchandise discount and the possibility of permanent employment after the holiday season, which will include benefits such as medical coverage and an employer-matched retirement plan. This is a promising opportunity for job seekers to secure seasonal employment with a well-known fashion retailer.
Shares of this Zacks Rank #2 (Buy) company have lost 8.8% in the past six months against the industry’s growth of 3.3%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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The holiday season holds immense importance for retailers, playing a pivotal role in their annual sales. The influx of eager shoppers offers retailers a chance to present their products and strengthen customer loyalty.
To cater to consumers' product preferences, retailers are focusing on replenishing shelves with in-demand merchandise and ramping up investments in digitization. These efforts are expected to result in the recruitment of a considerable number of seasonal associates who will play crucial roles in managing curbside and in-store pickups of online orders, and doorstep deliveries. Furthermore, retailers are likely to expand their warehouse staff to ensure a smooth flow of inventory from distribution centers to stores throughout the festive season.
Hiring Initiatives Across the Retail Landscape
Retailers such as Target TGT, Macy’s M and Bath & Body Works BBWI are deploying a reasonable number of seasonal associates to deal with the holiday rush.
Last month, Target announced its intention to hire nearly 100,000 seasonal workers, aiming to provide a seamless shopping experience to its customers. From Oct 1 through Dec 24, customers can avail of incredible offers, including discounts on renowned national brands, such as Apple, Nespresso, Dyson and Nintendo, along with an additional 5% discount with the RedCard.
Considering the festive rush, Macy’s unveiled plans to fill more than 38,000 full and part-time seasonal associates across its Macy’s, Bloomingdale’s and Bluemercury stores, along with its distribution centers. The company is committed to offering competitive wages, with many positions starting at a minimum of $15 per hour.
In August, Bath & Body Works shared its strategy to recruit 30,000 dedicated seasonal sales associates for its stores in the United States, Canada and Puerto Rico.
Final Thoughts
The holiday season, which accounts for a sizable chunk of yearly revenues, is a make-or-break opportunity for retailers. Hence, retailers need to address any logistical or inventory issues, and roll out strategies to provide a seamless shopping experience, both offline and online. With these aspects in mind, retailers are unveiling hiring plans for the holiday season to keep pace with any demand increase.
According to Mastercard SpendingPulse, U.S. retail sales, excluding automotive, are anticipated to increase 3.7% year over year during the traditional holiday period spanning from Nov 1 to Dec 24. In-store retail sales are projected to grow 2.9%, whereas e-commerce sales are expected to rise 6.7%. With a proactive approach and customer-centric offerings, retailers will try to seize every opportunity the season presents.
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