As retailers enter the peak of the holiday shopping season, one theme running through the sector is wage pressure. Target Corporation TGT 0.42% announced in late September that it would increase wages to $15 an hour by 2020, the first discount low-wage chain to embrace a new normal, according to CNBC. Target's logic for the increase: it helps attract talent to the highly competitive retail sector. The minimum wage mandated by the federal government is $7.25 per hour, although individual states have the leeway to set their own minimum. SourceThere is a breakout of the rising channel, but due to stochastics some consolidation is more likely than a downside. $TGT, Target Corporation / D