Costco, Zales, Jared, Kay Jewelers the latest to raise minimum wages

Maria Halkias with The Dallas Morning News reports Costco and Signet, which owns several jewelry chains including Zales, Kay, Jared, Piercing Pagoda, said on Thursday they will raise their minimum wages. Costco, which operates 558 stores in the U.S, is going to $16 an hour starting wage from $15 – higher than Amazon’s $15 minimum and Walmart’s $11. Costco CEO Craig Jelinek announced the wage hike, will begin next week.