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Stock impact report

J.C. Penney lures workers with free vacations as talent war heats up [MSN Money]

JC PENNEY (JCP) 
Last jc penney earnings: 2/27 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jcpenney.com
Company Research Source: MSN Money
As the war for talent intensifies with the beginning of the holiday-shopping season, JCPenney is doubling down on its efforts to entice workers.  Load Error On Tuesday, the department-store chain, which is on the hunt for 39,000 holiday workers, hosted a nationwide hiring day to aid in its search. Applicants were invited to come in to JCPenney's stores and interview for jobs, and offers were made on the spot. To sweeten the deal and stand out from its competitors, JCPenney said in a press release that it would be offering eight successful candidates expensive prizes like $5,000 all-inclusive trips to New York City, Miami, or Banff, Canada; or thousands of dollars worth of technology or outdoor equipment. This is the latest attempt by the retailer to woo workers in an increasingly tight labor market. And it's not alone - Target, Macy's, and Kohl's have all been rolling out new incentives to attract workers. Kohl's announced 15% discounts and associa Show less Read more
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