Kohl’s to Hire more than 40,000 Workers for the Holiday Season (KSS)

Kohl’s Corporation (NYSE: KSS), the specialty retailer, today said that it expects to hire over 40,000 seasonal workers for the upcoming holiday season, representing an increase of 5% over the previous year. The increase in hiring is mainly due to store growth in 2011.

The Menomonee Falls, Wisconsin-based retailer is looking to bring additional workers to provide shoppers with excellent customer service throughout the holiday season. Then company expects ton hire an average of 35 workers per store at its 1,127 stores in 49 U.S. states. Additionally, the company expects to hire another 2,500 seasonal positions at its distribution centers and over 500 seasonal and full time credit operations positions.

John Worthington, Chief Administrative Officer at Kohl’s Corporation, said that year-round, the company provides a convenient shopping experience through its quality brands, great values and excellent customer service delivered by its associates. Worthington further said that to continue to deliver on its customer promise to expect great things, the company is pleased to bring on over 40,000 associates across the country this holiday season.

Recently, Kohl’s Corporation announced the opening of 30 new stores, adding around 4,000 new jobs across 20 states. The company said that 2011 has turned out to be another year of growth.

For the second quarter of 2011, Kohl’s had reported diluted earnings per share of $1.09, representing an increase of 30% over the same period in the previous year. The company’s net income for the second quarter was $303 million, compared with $260 million reported for the same period in the previous year. Its net sales for the second quarter were $4.2 billion, representing an increase of 3.6% over the same period in the previous year. Its comparable store sales for the second quarter increased 1.9%.

For the third quarter, the company expects sales to increase between 4% and 6%. Comparable store sales are expected to rise between 2% and 4%.

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.