What: Target announced a new starting hourly wage range of USD15 to USD24 for in-store employees, supply chain facilities, and corporate headquarters depending on the job title and location.

Why is it important: This news comes as retailers across the US struggle to fill open jobs in offices and stores. Almost 4.3 million people quit their jobs in December and some retailers have hiked pay and benefits to attract and retain workers.

Along with Target’s new starting hourly wage, they also announced a rollout of expanded health care and education benefits for employees. Target’s announcement represents a $300 million investment in its team.

Target increases starting wages for certain roles