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HarveyDarkey

(9,077 posts)
Tue Jul 9, 2013, 11:13 PM Jul 2013

Wal-Mart says it will pull out of D.C. plans should city mandate ‘living wage’ [View all]

Wal-Mart says it will pull out of D.C. plans should city mandate ‘living wage’

The world’s largest retailer delivered an ultimatum to District lawmakers Tuesday, telling them less than 24 hours before a decisive vote that at least three planned Wal-Marts will not open in the city if a super-minimum-wage proposal becomes law.

A team of Wal-Mart officials and lobbyists, including a high-level executive from the mega- retailer’s Arkansas headquarters, walked the halls of the John A. Wilson Building on Tuesday afternoon, delivering the news to D.C. Council members.

The company’s hardball tactics come out of a well-worn playbook that involves successfully using Wal-Mart’s leverage in the form of jobs and low-priced goods to fend off legislation and regulation that could cut into its profits and set precedent in other potential markets. In the Wilson Building, elected officials have found their reliable liberal, pro-union political sentiments in conflict with their desire to bring amenities to underserved neighborhoods.

Mayor Vincent C. Gray (D) called Wal-Mart’s move “immensely discouraging,” indicating that he may consider vetoing the bill while pondering whether to seek reelection.

The D.C. Council bill would require retailers with corporate sales of $1 billion or more and operating in spaces 75,000 square feet or larger to pay their employees no less than $12.50 an hour. The city’s minimum wage is $8.25.

http://www.washingtonpost.com/local/dc-politics/wal-mart-says-it-will-pull-out-of-dc-plans-should-city-mandate-living-wage/2013/07/09/4fa7e710-e8d0-11e2-a301-ea5a8116d211_story.html

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Let's see them use that..... daleanime Jul 2013 #1
Okay Stargazer09 Jul 2013 #2
Not seeing how that's a threat. LOL. RedCappedBandit Jul 2013 #3
Make it so. Ilsa Jul 2013 #4
But they aren't changing minimum wage Yo_Mama Jul 2013 #5
I wonder if smaller employers would Ilsa Jul 2013 #6
I think it's more cost-driven Yo_Mama Jul 2013 #7
Don't confuse us with logic badtoworse Jul 2013 #8
In theory yes but in reality it isn't true Harmony Blue Jul 2013 #9
Yes, but look at profit or sales per employee Yo_Mama Jul 2013 #14
To be fair, you should use Sam's Club vs. Costco ... Myrina Jul 2013 #19
Yes, that's true Yo_Mama Jul 2013 #20
SIX Walmart heirs have as much money as nearly half the rest of us. Matariki Jul 2013 #10
I hope DC does the right thing and lets them go. Apophis Jul 2013 #11
"Our workers shall be our serfs!" sakabatou Jul 2013 #12
I have an idea alcibiades_mystery Jul 2013 #13
Excellent news. Kingofalldems Jul 2013 #15
Please let this pass. Ruby the Liberal Jul 2013 #16
To steal a quote from the film Tombstone... Volaris Jul 2013 #17
Lucky for DC! Wish it would take hold elsewhere!! Myrina Jul 2013 #18
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