Target Set To Recruit 100K Seasonal Employees Despite Anticipated Slow Holiday Sales
Target Set To Recruit 100K Seasonal Employees Despite Anticipated Slow Holiday Sales
With inflation worries looming, consumers are likely to be more cautious during the crucial shopping season. Target aims to attract value-conscious shoppers by offering more affordable holiday items, including over half of holiday toys priced under $20 and thousands of stocking stuffers under $5. Earlier this year, Target reduced prices on over 5,000 popular items, leading to a raised full-year profit forecast after reporting positive quarterly comparable sales. The company also announced the commencement of its deals week program, Target Circle, from Oct. 6.In the face of a predicted slowdown in retail sales growth this holiday season, Target Corp. (NYSE:TGT) has announced its intention to recruit approximately 100,000 seasonal employees.
面对预测到的节假日销售增长放缓，塔吉特公司（纽交所：TGT）宣布招募约10万名季节性员工。
What Happened: Target's hiring strategy is consistent with its approach over the last three years. This decision is made as the retail sector prepares for the slowest holiday sales growth in 6 years, according to Deloitte data, Reuters reported on Monday.
发生的事情：塔吉特的招聘策略与过去三年保持一致。根据德勤数据，零售行业准备迎接6年来增长最慢的节假日销售，路透社周一报道。
The seasonal staff will be assigned to Target's stores and supply chain facilities, with the majority being stationed in stores. This follows Bath & Body Works (NYSE:BBWI) announcement last week to hire 30,000 seasonal employees, mirroring its 2023 figures.
这些季节性工作人员将被分配到塔吉特的门店和供应链设施，其中大部分将被驻扎在门店。这与上周Bath & Body Works（纽交所：BBWI）招聘3万名季节性员工的公告相呼应，与其2023年的数字相一致。
With inflation worries looming, consumers are likely to be more cautious during the crucial shopping season. Target aims to attract value-conscious shoppers by offering more affordable holiday items, including over half of holiday toys priced under $20 and thousands of stocking stuffers under $5. Earlier this year, Target reduced prices on over 5,000 popular items, leading to a raised full-year profit forecast after reporting positive quarterly comparable sales. The company also announced the commencement of its deals week program, Target Circle, from Oct. 6.
面临通胀担忧，消费者在关键购物季节可能更加谨慎。塔吉特旨在通过提供价格更实惠的节日商品来吸引注重价值的购物者，其中超过一半的节日玩具定价低于20美元，成千上万的小礼品定价低于5美元。今年早些时候，塔吉特对5000多种热门商品进行了降价，报告了季度可比销售额的正增长，随后提高了全年利润预测。该公司还宣布从10月6日开始其特惠周计划Target Circle。
Why It Matters: Target has been on an upward trajectory since last November, rallying nearly 77% from its October low. The company's strong second-quarter financial results and raised outlook have fueled analyst optimism. Target has increased its full-year 2024 adjusted EPS outlook to a range of $9.00 to $9.70, up from the previous range of $8.60 to $9.60.
为什么重要：自去年11月以来，塔吉特一直处于上升轨道，从10月份的低位上涨了近77%。该公司强劲的第二季度财务业绩和提升的前景推动了分析师的乐观情绪。塔吉特将其2024财年调整后每股收益展望提高到9.00至9.70美元的区间，上调自此前的8.60至9.60美元区间。
CNBC's "Mad Money" host Jim Cramer declared that Target is back on track after a period of struggle, following an earnings report that surpassed market expectations. This positive outlook could play a crucial role in Target's performance during the holiday season.
CNBC的《疯狂金钱》主持人吉姆·克拉默（Jim Cramer）宣布，塔吉特在一段低迷后重新上轨，其业绩报告超出市场预期。这种积极的展望可能在塔吉特的节假日销售中发挥关键作用。
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Image via Wikimedia Commons/ Mjs92984
图片来源于维基共享资源/ Mjs92984
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
本报道使用Benzinga Neuro生成，并由Pooja Rajkumari编辑
