Post by Forever Sunshine on Jul 14, 2013 15:18:52 GMT -5
Wal-Mart threatens to can new DC stores if living-wage bill succeeds
Only 24 hours before a decisive vote on Washington's living-wage proposal, Wal-Mart has upended the Monopoly board and stamped its feet. It's told D.C. council that if the bill passes, it'll pull the plug on three new Wal-Mart stores planned for the city. The retail giant also said the living-wage measure, which would force Wal-Mart to pay its employees no less than $12.50 an hour as opposed to the city's minimum wage of $8.25, would jeopardize another three stores currently under construction. Regional general manager for Wal-Mart Alex Barron wrote in an op-ed for the Washington Post that the proposed wage increase would "challenge the fiscal health of our planned D.C. stores."
Only 24 hours before a decisive vote on Washington's living-wage proposal, Wal-Mart has upended the Monopoly board and stamped its feet. It's told D.C. council that if the bill passes, it'll pull the plug on three new Wal-Mart stores planned for the city. The retail giant also said the living-wage measure, which would force Wal-Mart to pay its employees no less than $12.50 an hour as opposed to the city's minimum wage of $8.25, would jeopardize another three stores currently under construction. Regional general manager for Wal-Mart Alex Barron wrote in an op-ed for the Washington Post that the proposed wage increase would "challenge the fiscal health of our planned D.C. stores."
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