Wal-Mart's About-Face

It's not only raising wages but also updating products and remodeling stores to attract more affluent shoppers

Wal-Mart is raising wages? The move came as something of a shocker. After all, the retailing giant is known for both its low prices and its low wages. So parsimonious is the company that politicians across the country are turning to legislation to compel Wal-Mart to pay employees an extra buck or two.

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