Target's move to $15 an hour 'blows up' this myth about raising minimum wage
Target on Monday became the first low-wage chain to announce it will raise pay to $15 an hour.
Chief executive Brian Cornell said the decision to raise wages to $15 by 2020 will help Target attract and retain talent as the hyper-competitive retail sector enters its busiest quarter.
Target's move to $15 destroys the claims of corporate lobbyists and others who say it can't be done.