Topics

Wal-Mart Stores, Inc.
Target to raise worker pay to at least $9 an hour, report says
Target to raise worker pay to at least $9 an hour, report says

Target Corp. plans to raise pay for workers to at least $9 an hour, following similar wage increases by retail rivals Wal-Mart Stores Inc. and T.J. Maxx parent company TJX Cos., according to a report. The nation's third-largest retailer will implement the pay hike next month, Dow Jones reported. Target spokeswoman Molly Snyder declined to comment on the report. The company does not disclose starting pay, she said, adding that the base varies depending on the locale. "We want to make sure stores are offering locally competitive wages and benefits," she said. A growing number of retailers are boosting compensation to retain workers as the economy improves. Retail and...

Loading