I had a TL meeting today and asked about the raise to $10. My ETL-HR said she couldn't say anything, but there will be an announcement in February. So I'm taking that as a yes. I'm guessing that anyone who has worked for Target for less than 8, maybe 10 years will be making the same amount.
Is it fair? Certainly not. But 75% of the company is going to get a bigger raise than they would normally get. I'll take that as a win. Last year my store had about 5 people who got a raise of over $1.00. This year, I expect that number to be at least 50 out of ~130 TMs. If you got affected by the raise last year (which was probably anyone who worked for Target for less than about 6 years, assuming your store's minimum was bumped to $9.00), then you will get a raise of over $1.00 as long as your rating is at least the same as last year.
It's going to suck looking at all the new hires who make almost the same amount as people who have busted their ass for years, but I'm not going to complain about an extra dollar per hour, especially after getting nearly a dollar last year!