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a victory for those that support raising the minimum wage. it comes from an unusual source, the gap. critics have long said raising wages could cost jobs and raise prices. gap inc.apparently doesn't think so. the company is raising the minimum wage to $9 an hour this year and $10 an hour next year. these raises will affect 65,000 u.s. employees. this includes banana republic, athleta, piper line and old navy. why did you decide to do this? >> we felt it was the right time to invest in store employees and our brands. the majority of our customers engage with our brands in our stores. we wanted to create a competitive advantage so that we could attract and retain the

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