The Gap, the retail clothing store and it's subsidiary stores such as Old Navy, Piperline, is giving their employees a raise - to $10.00 an hour. It will be $9 an hour next year and $10 by 2015. The Gap employs about 65,000 workers and has discovered that by paying it's workers an increased minimum wage they can hire and retain the best workers.
There's another retail store that is looking at raising the pay for its employees to $10 an hour...WalMart!
"David Tovar, a Wal-Mart spokesman, told Bloomberg Wednesday that his company is "looking at" supporting a federal wage increase. "Whenever there's debates," he said, "it's not like we look once and make a decision. We look a few times from other angles." For now, the company remains neutral."