After Gap's decision to raise wages, competitors are under pressure to do the same

The Associated Press

FILE - In this Aug. 9, 2009, file photo, a shopper leaves a Gap store in Palo Alto, Calif. The nation’s largest clothing chain, which operates, Gap, Old Navy, Banana Republic and Athleta, said it would raise the wages to $10 by 2015. (AP Photo/Paul Sakuma, File)

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Sears Holdings Inc., which operates Kmart and Sears, also said while it offers "competitive compensation packages," it plans to "continually monitor and evaluate our pay and benefit programs in light of business and market conditions."

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