- J.C. Penney (JCP -1.1%) announces it will hire 40K workers this year to help it meet demand around the holiday season.
- The company hired about 30K workers last year.
- The 33% increase in holiday season employee adds stands in contrast to the flat hiring growth of department store peers and general merchandise retailers. Even Amazon only bumped up its hiring by 2% this year.
- The higher number could be an indication that a lower percentage of holiday workers were kept on full-time last year.