MINNEAPOLIS (WCCO) – Target says it’s on track to boost its minimum wage to $13 an hour this spring for all of its team members.

The Minneapolis-based retailer announced the pay hike Thursday, saying it’ll be implemented in June.

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Over the last few years, Target has been increasing its minimum wage, with the goal of reaching $15 an hour by 2020.

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Company officials say increasing the minimum wage helps Target keep good employees and hire others, especially ahead of the busy holiday season.

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Target has more than 29,000 team members in Minnesota alone.