Loading...
Loading...
Brian Sozzi of Belus Capital Advisors told Benzinga that
Wal-Mart Stores, Inc.'sWMT newly-introduced plan to lift pay of its U.S. employees to at least $9 per hour in the first half of this year and introduce better training methods will force
Target CorporationTGT and other retailers to "follow suit" on not only raising pay but offering better training.
Sozzi also said that he has "no clue" how struggling retailers like
Sears Holding CorpSHLD can match what Wal-Mart just pledged to its employees.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorExclusivesAnalyst RatingsBelus Capital AdvisorsBrian Sozziminimum wageretailers
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in