Costco will raise its company-wide minimum wage to $16 per hour, a one-dollar increase that raises its wages higher than its fellow big-box retailers, the company’s CEO said during a congressional hearing Thursday.
Costco plans to raise its minimum wage from $15 to $16 because it is committed to paying workers “very competitive retail wages,” CEO Craig Jelinek said during a Senate Budget Committee hearing Thursday. Jelinek stopped short of advocating in favor of a federal minimum wage overhaul, instead saying he was solely focused on Costco. Read More
Target is pledging to ensure that Black employees make up at least 20 percent of its workforce. The Minneapolis-based corporation based their goal on a diversity report of 2019.
Target stated that the data indicated a need for more “equitable outcomes for Black team members.” For this ethnicity only, the corporation promises to broaden leadership pathways, develop hiring and retention programs, increase mentorship and sponsorship programs, tailor benefits. Read More
Target, CVS Health and Publix Super Markets on Thursday joined the growing list of national chains that will require customers to wear face masks regardless of where cities or states stand on the issue.
Target’s mandatory face mask policy will go into effect Aug. 1, and all CVS stores will begin requiring them on Monday. Publix Super Markets Inc., based in Lakeland, Florida, said that its rule will kick in on Tuesday at all 1,200 stores. Read More
Both Target and Best Buy have announced plans to make Juneteenth a company-wide holiday, an idea that Sen. John Cornyn (R-TX) wants to institute on the federal level.
“One of the most defining days in our nation’s history was when President Lincoln issued the Emancipation Proclamation on January 1, 1863, finally freeing all slaves in Confederate territory. But slaves in Texas wouldn’t learn this life-altering news for two and a half years,” Cornyn said during a Senate floor speech Thursday. Read More
Target Corporation announced Thursday that it will temporarily close 24 stores throughout the Metro area in the wake of mass looting and rioting in Minneapolis.
Wednesday night’s riots in response to the death of George Floyd left one Target store in south Minneapolis completely demolished. Read More
Several prominent businesses headquartered in Minnesota signed on to an amicus brief in support of upholding the Deferred Action for Childhood Arrivals (DACA) program. Read More
Sears will live on— at least for now. The company’s chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears in New York, averting liquidation of the iconic chain, according to a source familiar with the negotiations. The person agreed to speak on condition of anonymity because they… Read More