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Wal-Mart to Raise Wages for 100,000 U.S. Workers

Reuters (06/02/15) Sruthi Ramakrishnan

Wal-Mart Stores Inc. plans to increase the minimum wages for more than 100,000 U.S. employees, its second wage increase this year. The retailer said in February that it would boost the minimum wages for 500,000 U.S. employees. McDonald’s, Target, and TJX Cos. also have increased wages as they struggle to retain employees, who switch between the retail and fast food industries as the labor market improves.