Retail giant Target is raising its minimum hourly wage to $11 next month and to $15 by the end of 2020, it announced Monday.
The store’s move will keep it in competition with companies like Walmart, Whole Foods and Costco, which have also raised wages in past years, Bloomberg reported.
Target spokeswoman Jenna Reck said the wage increase demonstrates a “much bolder and more vocal investment in our team.”
“This is something that will help set Target apart,” Reck said.
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