Hey All,

Saw this yesterday and thought it was particularly relevant to our discussion on Wal-Mart (If you don't want to read the article, long story short, Wal-Mart just raised their employees entry-level wage to $9).

http://www.reuters.com/article/2015/02/19/us-walmartstores-results-idUSKBN0LN1BD20150219

Wall Street Journal's take on it

http://www.wsj.com/articles/tighter-labor-market-helped-to-drive-wal-mart-wage-rise-1424383918?mod=WSJ_hp_LEFTTopStories

What do you think the reason for this is?