Retail News Newsletter Columns Retail Jobs Dictionary Directory Calendar Policies Retail Edge Footprint

Home PageContact Us

Washington D.C. to raise minimum wages for Big Box retailers
Posted On: 23-07-2013 00:00:00 13

The Washington D.C. District Council has passed a bill that raises the District's minimum wage 50 % to $12.50 per hour, but only for stores with more than $1 billion in sales and store size of more the 75,000 square feet. Walmart, which is one of the key retailers to be affected by these policy changes, has since announced that if the mayor signs the bill into law, they will cancel plans to open three stores, each of which would create around 300 new jobs. The legislation now goes to the Mayor for approval or veto.

Since the bill would target all retailers whose parent company has more than $1 billion in sales - and all 100 top American retailers fit that description - it could potentially affect retailers beyond just Wal-Mart. But unionized stores are exempt, and existing stores would not immediately be required to pay the $12.50 wage, giving the impression that the bill is aimed specifically at Walmart.

Critics of Walmart claim that the company displaces small retailers, besides which it doesn't pay enough by way of salaries. Walmart has countered this by saying that it gets anywhere from 10,000 to 25,000 applications for 300 to 400 job openings when it opens a store. That's more than 25 applicants per job.

The company has faced similar opposition before. In Chicago, the City Council passed a measure requiring big-box stores to pay well above the minimum wage in 2006, but the Mayor vetoed the measure. Wal-Mart now has eight stores in Chicago. However, it has not been as successful in New York on account of opposition from union and City Council members.

 
 
 

SocialTwist Tell-a-Friend

 

Want more stories delivered to your inbox?
Please sign up here for our free newsletter.

 
retail india Related News retail industry india
retail news videos on retail industries
Walmart closed 269 stores expects flat sales growth
Deepak Kohal appointed Vice President Sourcing at Reliance Trends
Report: US holiday retail sales grow at 7.9%
Apple India crosses $1 billion in sales
Walmart making changes to its stores
retail stores
retail policies
retail suppliers retail classes retail news
retail policies retail news retail india
retail training Current Newsletter retail industry
retail suppliers retail industry growth retail slowdown
retail policies retail news retail india
retail training (FY 2015 - 16) 3rd Quarter Results retail industry
retail suppliers retail industry growth retail slowdown
retail policies retail news retail india
retail training Search News retail industry
retail suppliers retail industry growth retail slowdown
latest retail news in your mail

retail industry



 
retail news
About Retail Angle   |  The Team  |  User Agreement   |  Privacy Policy  |  Advertise with Us  |  Feedback  |  Site Map  |  Contact us 
retail industry

indian retail