CNBC reports that Target next month will increase its own minimum wage from $10 to $11 an hour in all its US stores, and “committed to boosting its minimum wage to $15 per hour by 2020 … Target said the wage increases will begin in October and will apply to the 100,000 temporary workers that the retailer plans to hire ahead of the holidays.”

According to the story, “The pay raise will outpace Wal-Mart's recent increase in its minimum wage. The two retailers have been engaged in a quiet wage war for years. Target raised its hourly minimum pay rate in April 2015 to $9, up from the federal minimum wage of $7.25 per hour at the time. That move came in response to an announcement by Wal-Mart in February, where Wal-Mart promised to lift its base pay to $10 an hour by 2016.

“While Wal-Mart has touted past pay increases, using earnings conference calls to circulate the news, Target has moved more stealthily, only saying earlier this year that it would be investing billions of dollars back into the company.”

KC's View: It long has been the contention here that when retailers invest in their people, they create a work environment in which employees feel invested ion the business and the vision. Good move by Target.