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Macy’s Raises Minimum Wage to $15

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Macy’s Inc. raised its company-wide minimum wage to $15 an hour. The wage hike applies to all new and current staff. Macy’s said Tuesday it had already phased in the $15-an-hour minimum across several markets and that it will achieve the new target nationally by May 2022. The retailer also said pay increases to the…

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